I'd say we'll hear of $APP filing CH.11 by next year, 4 sure, imo. ~ How long will it 'channel trade' now? Not sure: but I think bottom will be 'single-cent' digits (possibly!) - if not a double-bottom confirmed with this next "Q".
I think the market, pretty much, all has the same feelings towards this company. And, with "Dov" in the wings: this is more like a grudge match, than a company ready to turn a profit!
I'll tell you what I want to know:
~ What's going on w/ Dov & any lawsuits?
~ What is the board thinking re: 'permanent residency' on "C-street"?
~ Why the "new direction" in design - and not a MAJOR mktg. campaign, to change-image...and COMPLETELY do away w/ Dov's 'young sex' image???
~ What are the Fins for the past year - and all current 10Q's spelling out? (Factor in "Dov"!)
~ What "outstanding debts" are there? Any 'convertibles'?
~ Any (remote) plans by "the board" to amend the share-structure?
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.