"The stock fell to a 52-week low of $12.65 on the day following the announcement of the results. It recovered during the day and closed at $14.68. I’d say, buy some. "
Unfortrunately, this stock is a dog. Making a 52 week low is not an indication to buy a stock. Online photos is not a growth dector. It is saturated and given that this company is still blleding, no one is going to buy them, just doesn't make sense. Alpha pump at it's best.
Still Bullish on Shutterfly [View article]
Unfortrunately, this stock is a dog. Making a 52 week low is not an indication to buy a stock. Online photos is not a growth dector. It is saturated and given that this company is still blleding, no one is going to buy them, just doesn't make sense. Alpha pump at it's best.