SS NUAN -- they report on Tuesday (-22) no matter how good they beat, the market will still punish them. Insiders dumped last week going into earnings (was as low as 77)
Date Who Shares Stock Transaction 11-Oct-00 ATTRACTOR, QPLP Shareholder 88,991 NUAN Proposed Sale (Form 144). Estimated proceeds of $7,920,000. 11-Oct-00 ATTRACTOR VENTURES LLC Shareholder 17,720 NUAN Proposed Sale (Form 144). Estimated proceeds of $1,488,480. 11-Oct-00 ATTRACTOR INSTITUTIONAL LP Shareholder 16,657 NUAN Proposed Sale (Form 144). Estimated proceeds of $1,482,000. 11-Oct-00 ATTRACTOR LP Shareholder 20,326 NUAN Proposed Sale (Form 144). Estimated proceeds of $1,809,000.
Recently, lockup expirations are dealing harsher blows to newly public stocks that have already tumbled from their highs. Last week, a lockup expiration for Sina.com (Nasdaq: SINA - news) further weakened the Hong Kong company's falling stock price, and the lockup expiration at Nuance Communications (Nasdaq: NUAN - news), Menlo Park, Calif., shaved points from that stock.
NEWP my last recommendation is doing very well ( can not take alot of credit since the whole market is smoking) |