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Message Boards Settings Ditech Networks, Inc. - Quote Info
Re: Any explanation for why we are tanking lately?      3-Nov-09 06:39 am    
Please be aware that the price movements of micro cap stocks, like DITC, have absolutely nothing to do with the business of the company. These stocks are controlled by algorithmic hedge funds, like Renaissance Technologies (a 5% shareholder of DITC). These types of hedge funds don't even know what the company does, so it's highly doubtful the trading in the stock has anything to do with anyones expectations of a good or bad quarter. It's just a bunch of computers playing games with each other.

That said, the stock is again cheap at this price based on old school valuation methodologies, so it's not risky for us humans. Some computers will sense that the selling has abated and the quantitative figures look good. So they'll start buying again soon.

Don't read too much into these price movements.
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  Subject Author Rating Time of Post (ET)  
 
It seems unusual to take such a dive on no news that I ...
james.casta... Rate it 31-Oct-09 05:13 pm  
 
<gift to acquire more share> Careful. Long tim...
storyteller... Rate it 2-Nov-09 04:28 pm  
 
Re: Any explanation for why we are tanking lately?
fiberbull Not rated 3-Nov-09 06:39 am  
 
Please be aware that the PLUNGE from $25...
storyteller... Rate it 15-Nov-09 02:19 pm  
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Ditech Networks, Inc. (DITC)

Chart for Ditech Networks, Inc. (DITC)
At 3:58PM ET: 1.37 Down 0.03 (2.14%)
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