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Specializing in the design of mobile video and multimedia systems and solutions based on OFDM technology Since 1990. Posts with name calling, lacking clarity or excessively verbose, will be deleted. Viewpoints pro or con always welcome

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Message: Coincidence ... perhaps!

Coincidence ... perhaps!

posted on Mar 16, 2009 04:12AM

Seems to me that the recent downturn in price for the 3 companies coincided with the most recent downturn in the market ... inevitably there are those retailers who leveraged themselves expecting an upturn who were hit during that period and were likely in a position to have to cover their margin calls. Although this would be one of the last companies I would sell, it wouldn't surprise me if that margin calls was the source of the sell-off .. I saw this with other investments as well.

Seems since the market rebound our prices have stabilized and may be leaning towards a slow upward trend ... again the mini retailers like us are for the most part tapped out ... the big money can not get a real position since it is too tightly held and uncertainty still does remain.

A possibility but again ... nothing is for certain ... a deal this week .. not for certain ... but let's hope!

orgy


Mar 16, 2009 04:55AM
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