Post by
ERTguy on May 08, 2015 11:56am
This could be a big buying opportunity
The market isn't like this at all, but if in fact health issues are the only reason for this delay, then the drop in stock price is highly unjustified. Why would there be insidering buying leading up to the end of Q1 if the results were going to be bad? I would say this is highly unlikely
Comment by
probability25 on May 08, 2015 12:07pm
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Comment by
60606060 on May 08, 2015 12:13pm
Exactly. Panic selling doesn't show rationality. The Big Houses just gave millions to LOY-are they stupid? Insiders have been buying huge amounts-are they uninformed? Fabrice, ValuEngine and other analysts have studied the company and give it a buy rating. If anything back up your truck well you can.
Comment by
wisetrades on May 08, 2015 12:20pm
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Comment by
60606060 on May 08, 2015 3:16pm
I would think the CFO was ill for quite some time and the numbers didn't compute when Andrew got involved so he scrapped the audit and hired a CAP to re-do an audit. That's my thought.
Comment by
alister33 on May 08, 2015 9:31pm
I was buying, have great week end all you mothers