I am not your kind of investor, I don't know much about calls puts, turnips etc...
I bought a very small position of TGNT +/- one year ago and the stock has already been good to me so I don't worry too much seing it coming from 75 usd. Nevertheless I do not really understand why it dropped this way, it sounds a bit illogical to me.
Alex Mandl is quite appreciated in Wall Street for his experience and knowledge, they expanded hugely their commercial areas for 12 months, indicated clearly that they wanted to expand their activity worldwide, Europe (Germany first) and Asia. So what the hell the investors expect ???
It needs some time to build such a company, for me the fundamentals are clearly not changed, the story goes on.
Wait and see, but obviously I would appreciate a come back in the 70s anyway, but at the actual the stock has already done more than 50% in one year, not so bad...
Orion
PS I do agree with you this thread is sleeping, I am sure that even on Yahoo!! they are more active, I'll try to contribute a little more myself.
The CEO Alex Mandl is experienced and
I think you may be right. |
