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First of all Thomson-I-Watch is one of the most useless tools available and often is a contra-indicator. I have been preaching that for months. There is little actual buying and holding by institutions. They just bailed and have little reason to believe last qtrs numbers were much other than possibily a fluke,, they were not that great anyway overall. They are in essense saying "MC, you do not wat to talk to us,, to hell with you,,, you and the shareholders need us a hell of a lot more than we need you when other issues are performing great! Sit on it,, or in it alone!" Until there is communication or a long succession of great qtrs it will stay in the teens to low (possibly mid) 20s. That can be a very long time.. |
