Until Q2 report comes out there just isn't anything solid to hold this up. Nothing has changed since April really. I wouldn't call this 'dead' or 'done' until seeing the report myself. Q1 it was still in development phase transitioning at the end of March, Q2 is an entirely different ballgame.
That's going to be the speculation over the next 3 weeks. If you think the results will be terrible, you're betting its going further south than ever. If not, you're betting on a rally above $3 that will keep going.
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