Post by
ramman1 on Oct 27, 2021 11:00am
Observed
Fidelity still buying where ever,when ever, they can ,ensuring only (very small upward pressure), as to get shares for thier client . Shares inching up toward .80 , and the disgruntled shareholders ,are almost gone. --- Unlikely any announcements before earnings, which should come in at 19.7 mil /yr while maintaining 42-44% margin . .--------Volume very light as investors ponder thier entry point . After earnings ,comes the PR's ,and contract news.---Question some might have ? We have gone from .50 to .65 ,do I sit on the fence and watch this go to mid .70's and miss out on that rise ? . -----Tough call,I feel the same way. I am boxed into a corner wanting to add to a large position, yet increasing my average price if I do any buying .
Comment by
Ciao on Oct 28, 2021 10:59am
This whole conspiracy theory would likely involve selective disclosure. If it's in the bag wrt contracts I would expect massive insider buying. Doug already hinted on just being able to hit a few of the 4 or 5 irons in the fire. Where's the confidence by Insiders? I'm fine to wait it out for the news instead of speculating, in the absence of news, imaginations can run.
Comment by
Tropicalsun on Oct 28, 2021 11:06am
ciao, good point about the insiders, however DD already owns a boat load. The only thing stoping the other's would be the black out periods where they are not permitted to buy. That being said the would certainly know when the opportunity to buy would be available to them. Your point is valid with GSI and many other's out there.
Comment by
Tropicalsun on Oct 28, 2021 12:44pm
ciao,I believe many of us here are doing the same.
Comment by
ronron on Oct 28, 2021 11:13am
Lack of any insider trades at all may indicate a blackout period instead, whether that non-public information is good or bad There are regulations to this so insiders can't just buy or dump their shares before every earnings when they already know what the results are