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Northgate recap: 50% down in 1.5 months

Deepak Shenoy1 min read
Quick Facts
What is "Northgate recap: 50% down in 1.5 months" about?
What category is this article in?
General
Who wrote this article?
Deepak Shenoy, Capitalmind's research team.
When was this article published?
Published 5 October 2008.
How long does this article take to read?
1 min read
What topics does this article cover?
Northgate

I had talked about Sustained Insider Selling in Northgate Technologies, on a post dated Aug 21. On that day the stock was at 290. The chart then:

Look at where the stock is on Friday:

A drop to 145 is now halfway, in a month and a half. No more insider selling noted after that post, but someone’s been pulling the plug. No F&O - so no shorting - so it’s investors pulling out.

Tagged:Northgate