by Chris Sandburg

by Chris Sandburg

It has been a little over a week since we last covered Helios and Matheson Analytics Inc (NASDAQ:HMNY) and, at the time, the company was trading considerably down on its pricing from just a few days earlier.

From highs around $35 during early to mid-October, the company had fallen to around $10 a share – a decline of a little over 71%.

The decline came in part due to profit taking on the steep run-up throughout September and in part due to markets letting off steam after what was (in all likelihood) an overenthusiastic response to the development that kicked it all off.

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