*IMHO* That CUBE is a broken down stock, on Monday CUBE released news of a first to market product on a day the NASDQ was up 56 pts, and the stock would only go up 3/16 of a pt. The following day the NASDQ was up 35 pts and CUBE lost 5/16, not to mention yesterday CUBE losing 27/32 in a down day. You have to ask yourself what is going on, the problem is , CUBE management has lost creditability in the financial community, and the small investor is upset with how CUBE totally disregards it's shareholders equity.
When one of the hottest analyst Ralph Acampura comes out and recomends CUBE and the stock doesn't move, something is wrong.
The problem is no one wants this stock, why invest in this stock at this level, it could just as easily drop to 13, as it could go to 30. So why would anyone want to own CUBE with its weak management,and that its heavily manipulated by the MM's . Allot of people have lost allot of money, not to mention being in this losing stock in one of the biggest bull markets ever. Our only hope is for something be done about this management problem, or hope that some one will acquire CUBE
John
P.S. in the 3 years I've known CUBE I have never seen insider buying in CUBE only selling |
