This has gotten insane. Once again, BEAR RAIDs. Most of the float is short and they keep selling it down. The company is now at a 6 pe?
That stock is always on my radar. I had some awesome option trades on that in '06 when it made some dramatic swings.
stay away from NTRI. it disappointed the street way many times. more selling will come, buy under $10. there is no growth any more so it deserves a very low PE. it is hated by the street so watch out below, heavy selling....will resume tomorrow (after a dead cat bounce that the big boys can dump, of course). NTRI=strong sell!!!!
It's tough for a stock, once it breaks below 20 to get right back above 20. For example, CSCO in '06 was below 20 and kept inching up to it and then backing off... once it closed definitively above - it took off. Unless there's some dramatically positive news or it moves in sympathy with a strong overall market, it may be stuck under 20 for a while. Once it does, I'll be all over it. Just my .02.
LOL! Comparing CSCO to NTRI is the biggest stretch I've heard in a long time. (P.S. NTRI is a dog. Trade it at your peril, at any level.)