Shares of Rightside (NAME) which we actually own some of have been falling like a rock.
Today shares fell below $7 which I guess stock market guys might call a support level, hitting an intraday all time low of $6.73.
Shares have recovered slightly and are trading as of publication at $6.83.
Volume is like yesterday, when the shares hit that $7 a share number, before closing at $7.10 trading just over 80,000 shares with less than 1 1/2 hours left in the trading session which is below the 3 month average of 123K shares a day.
Basically $560,000 in shares traded today.
Pretty horrible.
On November 16th shares were trading over $10 a share, so shares of Rightside are down more than 30% in 6 weeks.
Also pretty horrible.
