02-01-2013, 05:43 AM
Also, today (so far) is the eight day in a row it's down, it is already in oversold territory, I don't think this has been caused by insider sales that went on since 2005, unless the market has suddenly woken up by that, which seems unlikely to me. There might be something into William Blair's analysis that growth is slowing, jury is out on that one, none of the other analists have made similar remarks. Blair argued that:
- Conversion to their SAAS software is slowing
- Refinancing is slowing down more than new mortgage business.
Well, there could be something in that, we'll know on Feb 14. But this is far from sure, and the stock has already sold off 30% in 8 trading sessions consecutively, so I think it's worth the risk here: