mae- totally agree with you that micro-caps off major exchanges are very very risky. I would love to see open market buys by management. That would extend a huge amount of comfort.
But at the end of the day, you have to look at what has changed and make your own decision. But totally agree, this is a powerball stock, it could jump up through the roof or drop thru the floor busted. Reality is a good thing to be aware of and sometimes I tend to over-believe the best case scenario and discount the worst case scenario, which is a mistake on my part. Anything can and will change when dealing with governments who are buyers. I think the defense industry is a perfect example of how illogical things can be. Think about the F-35 purchase mania, then freeze, then tech problems, then international interest, then revised budgets ( sequestration), then the military asking for more, then Congress responding. Surely, a ride in an F-35 will turn your stomach upside down. ( humor)
Best of Luck to ALL IMSC Longs!