Mitcham's drop on Friday???? What's up??

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rtaber
Posts: 5
Joined: Mon Jan 17, 2011 12:58 pm

Mitcham's drop on Friday???? What's up??

Post by rtaber »

I know this is thinly traded, but it dropped from $26.75 to $21 within about a week?

Are we overhyping the 4th quarter report? Insiders have been selling at $24 this month.

RT
dan_s
Posts: 37284
Joined: Fri Apr 23, 2010 8:22 am

Re: Mitcham's drop on Friday???? What's up??

Post by dan_s »

Buy this dip. MIND is going to report very strong Q4 results.
Dan Steffens
Energy Prospectus Group
setliff
Posts: 1823
Joined: Tue Apr 27, 2010 12:15 pm

Re: Mitcham's drop on Friday???? What's up??

Post by setliff »

yeah, i added to my position with some sept 30 calls.
setliff
Posts: 1823
Joined: Tue Apr 27, 2010 12:15 pm

Re: Mitcham's drop on Friday???? What's up??

Post by setliff »

first call's 4th q forecast has gone up to 57c. for 1st q '13 fcst is 73c.
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