md, the most bothersome part of this is that it is frustrating. the stock was finally showing some strength.
since it happened now, when the stock was just getting its legs back, before the IPO, it can only mean that it was orchestrated. whether greenberg was a pawn for someone else or an active participant doesn't matter, someone is worried, and it has to be someone short a sh!t pot full.
Given the strong company fundamentals, the impending IPO, etc, the stock will regain its footing. After all, the shorts have to buy, and they will start buying again soon. After all, time is running out.
With any luck, a press release countering the article is being compiled as we speak.
Remember, stock prices always have to climb a wall of worry.
Jay |