Agreed. Bought Friday at $0.23, sold Monday at $0.31. The license fee cuts were well flagged and the volatility around Ten is so high that any news (good or bad) will lead to outsize gains/losses. Sometimes the market gives these opportunities and you have to take the gift and run.
The license fee cut alone will not save Ten, that's for sure. Would expect the price to continue falling as Lazard takes the opportunity to dump more stock
TEN Price at posting:
26.8¢ Sentiment: Sell Disclosure: Not Held
