Originally posted by mattycee1
Looks like where married to this company for 5 or 10 years, the illiquid situation began about 3 weeks ago, bottom drawer for now
Well, being married to a stable, profitable wife for 5 to 10 years is just fine by me.
I really dont know why there are no buyers. It can be to our advantage (if we have any spare cash). I jumped in too early in the low 70s, but have traded out and back in a couple times (on the low volume) and now have an entry point in the mid 60s - which I am happy with.
And I have a bid sitting in the 50s in case some seller needs to liquidate some cash. They did have the escrow shares come free a couple months ago. Mabye the downtread came from that. But there was not enough volume to be much of that.
So here we sit. The price cannot go down (unless a seller that must sell into the no buyers). Or we will go up when buyers return. Or we will sit the same. So, we will stay the same, go down, or go up. (but the profit at a great P/E remains)