MIVA down another 11.84% today. Why? :((

Miva Inc MIVA:NASDAQ
Sector: Technology Industry: Computer Services
2.68
-0.36

-11.84%
317,775

I was so happy that i got in at $2.98 and was continuously above that for the last couple weeks... and now it's way under and it may fell some more. They must be doing something wrong. What do you say?


Here's a MIVA advertisment, in case you were wondering if they do any advertising online, as myself.

BEAS - up 38% as purchased by ORCL (Oracle)

Don't you hate it when this happens... and you're not in? :)
BEAS (BEA System) is being purchased by ORCL (Oracle) at $17/share (25% premium).

MIVA down 35% (from $4.50 to $3)

Miva Inc

MIVA:NASDAQ

Sector: Technology Industry: Computer Services

YoYo says: MIVA lowered their earnings epectations from their original estimates. I believe it is undervalued and trend watchers will notice that it is near it's 52 week low and buy. Yesterday's activity seemed to refect that to me so I took a gamble and bought xxxx shares @ $2.96. Even today it was hiting 3.16 again several times, but I am watching to see if it will jump more.

Soso says: Today MIVA was seemed to find support at $2.99 but on a volume of only 919,307 compared to 2,144,513 yesterday. Most of the trades for in low xxx bulks but a nice trade of 14000 shares @ $3.0033 happend in the after market at approximate 4:16PM.

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