To all. Looks like some action over here on the VRTY thread. A bad downward trend for no aparent reason. I haven't studied it yet, as far as the historicals, but it seems to have bounced up pretty good from todays low of 10 3/4, signaling a pop tommorrow, at least. I am totally guessing, and the market-makers can be quite devious, but so much downward activity before an earnings report does not look good.
Then again, the MM's could be intimdating you out of your shares so they can buy them up cheaply before making a killing on a great earnings report. Warning: not all companies pre-announce downside earnings surprises. And once momentum disintegrates from a stock, it doesn't regain it very readily, except in temporary spurts.
Why don't you call a rep from the company and try to catch a feel for what's up? Ask them if the company has any policy regarding pre-announcements. Oh--Kumar seems very knowledgeable, but don't ever trust ANYone but yourself to make decisions, and try to base it on as much info from as many sources as possible. Good luck! marie. |
