The stock is down around 20% since the announcement. The Buzz about this stock which got it above .30 was the 58% increase in revenue but only a 18% increase in profit. If they increased production and sales their profit should have matched up at 58% as well. They may be selling more but their efficiency is going downhill. Also I think their product is great, a powdered fish oil product, but it is a one trick pony.
Also becareful not to get married to a stock, I can see it happening here, people see the stock price down so they create a thread here saying how good the stock is and others say 'yep' and give the post high rating. Nobody but me has mentioned it is down 20%. Why can't someone atleast say, darn sucks it is down 20% but it is still a good stock, I'm holding for the long term etc. It is like the decline is being tolerantly ignored or of no consequence. Perhaps a double top or atleast it is going to be tough going getting though the .3-3.2 barrier.
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49.0¢ |
Change
-0.005(1.01%) |
Mkt cap ! $60.11M |
Open | High | Low | Value | Volume |
49.0¢ | 49.5¢ | 49.0¢ | $8.983K | 18.23K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 32789 | 49.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 44797 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 7695 | 2.000 |
1 | 796 | 1.995 |
1 | 796 | 1.990 |
1 | 796 | 1.985 |
1 | 796 | 1.980 |
Price($) | Vol. | No. |
---|---|---|
2.030 | 7190 | 2 |
2.040 | 2620 | 3 |
2.050 | 16114 | 2 |
2.060 | 2764 | 2 |
2.070 | 3787 | 3 |
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