Friday, October 10, 2014 12:49:15 PM
what makes this stock such an attractive target for these bear raids? because there's no threat of company releasing news?
Jasons reply I think is precisely on the mark:
Yes, that and the low float, poor history of execution, lack of pending news, etc…
So the take away here is, expect the share price to go up as we get near the first of November and earnings news is coming. You may see hedge funds start loading here as well. The low float will likely squeeze the price higher very quickly. Assuming we get some good news on earnings, and perhaps even an update on the KRN 5500 path forward, this may actually start trading in the zone in belongs in (1.30-2.25). A quarter that demonstrates progress and shows that earnings will soon equalize the burn rate will begin to show the company can now execute their plan.
Hang in there guys. These bear raids are on a time line, and the fuse gets shorter every day between now and November. These guys will run for the hills and hide in their caves like the rest of the terrorists.
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