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  1. #1
    Rising above the Fray spursncowboys's Avatar
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    http://newsfly.org/investors-dump-ca...tisement-pull/

    Since the market opened on Monday through its close today, Carbonite stock (NASDAQ:CARB) has plummeted nearly 12 percent, outpacing the drop of the NASDAQ index in that same time period by nine-and-a-half points. It was also one of the biggest decliners on the NASDAQ on Tuesday.

  2. #2
    Believe. CubanMustGo's Avatar
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    http://articles.marke ch.com/2012...et-small-firms
    Or it could be that investors saw in the release of the company’s Form 10-K this week that nearly all of its gross profits, some $37 million, went to pay for sales and marketing costs

  3. #3
    Alleged Michigander ChumpDumper's Avatar
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    So two wrongs make a right?

    Probably coming up to a good time to buy CARB. It was taking a while advertising on Rush as well.

  4. #4
    Independent DMX7's Avatar
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    If you think that's why the stock price went down, then it's obvious why you're not rich.

  5. #5
    Rising above the Fray spursncowboys's Avatar
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    Lol. Very good one DMX7. Always expect the forum to be classed up with your A rate posts.

  6. #6
    Alleged Michigander ChumpDumper's Avatar
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    Lol. Very good one DMX7. Always expect the forum to be classed up with your A rate posts.
    Why was the stock going down before the ads were pulled?

  7. #7
    Rising above the Fray spursncowboys's Avatar
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    the 10-k came out on the 7. The drop started on the 5th, a day after they stopped advertising on the rush limbaugh show. but yeah reaching 20-40 million people a week in 400 markets wouldn't alter a companies' financial future. You must be an Obama market expert.

  8. #8
    Alleged Michigander ChumpDumper's Avatar
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    The stock has been dropping since last August. You must be the stupidest person on the planet.

  9. #9
    Scrumtrulescent
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    the 10-k came out on the 7. The drop started on the 5th, a day after they stopped advertising on the rush limbaugh show. but yeah reaching 20-40 million people a week in 400 markets wouldn't alter a companies' financial future. You must be an Obama market expert.
    Reaching 20-40 million people a week in 400 markets hasn't kept their stock from dropping since it IPO'd. You're drastically overstating "the Limbaugh effect".


  10. #10
    keep asking questions George Gervin's Afro's Avatar
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    The stock has been dropping since last August. You must be the stupidest person on the planet.
    technicality..

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