If you read the 8-K it clearly points out the change in the bankruptcy conversion filing from a chapter 11 to a chapter 7. not good news. the court system has control of this stock. this stock is insolvent right now. with the conversion to chapter 7 is seriously scaring away trader's. hint: low volume at the base.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.