Said another way, there are a LOT of gaps in trading over the last five days.More importantly, it looks like at least some of the larger holders are heading for the exits -- Mattersight has traded about half its daily volume in the first hour, and has been off as much as 17 percent on the day (now recovering a bit to be off only about 13 percent -- for the day).
Is this stock's intrinsic value closer to $2 -- than it is to $8? I don't know -- but be careful out there, just the same. [Click the small chart at right to emlarge.]
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* If that pop culture reference offends, please feel free to substitute the name "David Letterman" for the name "Leon Spinks" above.
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