Counter to Terp:
Sorry, I could not resist countering the short position!!
Terp said
<<<In my opinion, this is not the same company you invested in earlier.>>>
You are right. It is twice as better then it was before. Better track record, better earnings, better etc., etc., etc. The list goes on!! No need to repeat it.
<< There is something terribly wrong with a stock that goes to 31 the day they announced the PT-1 buyout, then down to 13 once the deal looks even sweeter than it had looked to be. Also, insider buying within the last couple weeks. Nothing has moved this stock up. We have been going down and some people have blamed it on the general market. That's garbage!! Decent companies don't tank over 50% because of market conditions. There is something wrong with this company and I am sure we will find out soon. >>
IMO, there is nothing wrong more than a change between an over-hyped market when it was $30+++ to an oversold market now at $13+. Does that mean it won't go lower? No.
What I object to is the loud claim without any proof that there is something wrong with STRX. If you think so, keep shorting the stock. And if you really believe it, do not buy back in. After all, one of the principal rules of investing is to not buy stock in a company who's management you do not trust, as, IMO, you have implied in your previous posts.
And if you find out anything that is relevant, besides a drop in share price, as to there being something wrong with the company, please inform me.
TIA |
