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Shares of Coinstar (CSTR -3.3%) slump on heavy volume after Dougherty's Steve Frankel issues...

Shares of Coinstar (CSTR -3.3%) slump on heavy volume after Dougherty's Steve Frankel issues cautious comments on the firm's revenue potential in Q3 with Hollywood blockbusters front-loaded seasonally. Looking further out, the analysts frets over the costs associated with Coinstar's ambitious venture with Verizon to create a streaming service.
Comments (4)
  • TomBurke
    , contributor
    Comments (4) | Send Message
     
    OMG Dougherty's Steve Frankel could be included in what William Safire identified as the nattering nabobs of negativism. Why do we listen to people who have little or no facts, and a cracked crystal ball?
    13 Jul 2012, 02:32 PM Reply Like
  • timboutillier
    , contributor
    Comments (38) | Send Message
     
    Just a way to push share prices down and cover short positions. These analysts don't know the back of their hands let alone a stock.
    13 Jul 2012, 02:54 PM Reply Like
  • Momintn
    , contributor
    Comments (3680) | Send Message
     
    Hope the 30% shorts covered today while they can.
    13 Jul 2012, 06:30 PM Reply Like
  • jake319
    , contributor
    Comments (83) | Send Message
     
    I did. But just took the difference from a rolling fwd. position.
    Hope he's wrong about the 3quarter. It will be volitale next week.
    Wanted to close at a profit. To be ready for next week..
    20 Jul 2012, 10:53 PM Reply Like
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