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Mark Roussin, founder and senior portfolio manager at Roussin Capital Management, observes that BE stock has been flat over the past six months despite ongoing heavy selling pressures.
Roussin questions who is buying the stock following its year-long trading cycle.
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Roussin previously reported on QCOM's price volatility, noting swings from $179 in April to $260 in May and a drop to $175 in July. He has also commented on sharp premarket stock market losses and a 5 percent jump in oil prices following statements from President Trump on the Iran ceasefire deal. These observations come as BE stock trades flat over the past six months.