Keep in mind this is only a few days following the R/S, in which the float has been significantly reduced. The company cannot dilute of their own accord without an increase to A/S. The only possible dilution would come from new investors that put in $4.2 MM, collectively, and would have to be announced in the form of a filing of conversion of preferred shares (we should hear if that is the case by end of the week). This is also a time in which a stock is an easy target for low volume manipulation, dependent upon securities available for short selling between brokerage platforms/companies, and the levels of buying pressure. Short term losses in this specific situation does not always equate to long term total loss, either. If you just want to day trade, then yes, you may want to believe in the idea you are attempting to "drill this lesson" in your mind. The main lesson I would definitely take is to never depend on message boards for accurate depiction of stock value. That should be determined based on your own DD, and understanding of the company's direction, plans, and filings. I don't think there is quite the need for panic yet, though, considering the low volume being traded still. If you want to participate in mid to long term trading, then focus on the fundamentals of the company in regard of future prospects, and using technical tools to time entry and exits for the various reasons of - increasing share amount holdings on drops, protecting profits made, or short term flips for retaining value of initial security purchases. DRIO's S/S hasn't been completely destroyed or changed for purposes of dilution like some claim. Read the full 8k detailing the terms of the recent investment agreement to gain a full scope of possibility of company intentions/direction. Good luck, sir, but try checking the emotion of two days of decline, and focus on the actuality of company practice.
