No I was not surprised and more importantly never said I was surprised. When you have no liquidity the SP will drift all over the place, but this is meaningless to the long term future of a company. JAY will live or die by how it delivers on its business plans, not if a few thousand shares trade hands at a low (or high) price.
I think with the GSW & BUD prangs the market is cautious towards tech stocks until they have proven themselves. Can make for some very good buying if you are a long term investor.
Now back to YOW. It has missed all its targets for years and yet it still has people who want to buy it. How many $10s of millions of shareholder value does it have to burn before some people call it quits?
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Change
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