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Technology Stocks : Citrix Systems (CTXS) -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (8942)2/22/2002 3:06:36 PM
From: Micawber  Read Replies (2) | Respond to of 9068
 
What we have here is a VERY sick stock. After holding this stock for several years, I have never seen it act this bad for this long. It is underperforming the NAZ, the GSO, you name it. It tanks when the NAZ goes down, and it tanks when the NAZ goes up. Someone out there is unwinding a huge position, and keeps knocking the bid down relentlessly. At this writing, the Dow is up 167, the Naz is rallying up 18, and here we sit at down 72 cents, after already losing 25% of its value this week, and 50% in a month. It's totally forgotten how to rally. Falling knife is too generous a description. Anybody got any ideas?