Replies to Msg. #1129985
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 Msg. #  Subject Posted by    Board    Date   
30363 Re: GNMK earnings out
   Yeah, I wasn't surprised by the sell on the earnings news. Since they...
smckay   ABGT   08 May 2020
5:39 PM
30362 Re: GNMK earnings out
   awesome bounce
atomicbob   ABGT   08 May 2020
3:22 AM

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Re: GNMK earnings out

By: McDee in ABGT
Fri, 08 May 20 12:52 AM
Msg. 30361 of 30749
(This msg. is a reply to 30360 by smckay)
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Easy to be an armchair quarterback...........but looks like a few were waiting to "sell on the news" (earnings that is). The management thought they'd get a bump on earnings and prepared an offering. But since there has been such accumulation and not enough shares for some big buyers, this was the opportunity larger buyers were looking for. They can get a big chuck through the offering and also accumulate at these lower prices, picking up shares for the long term. My gut tells me this may go much higher still.


McDee