I concur with your thoughts about this stock, but there are those here who really believed the hype, and then those who had other agendas.
I will say this. The community of people that circle these types of stocks is very small--they are all interconnected, and you either trade with them--or get crushed.
Unfortunately it has little toi do with product, management or intent. Its just one big game.
And that was NOT the intent with loosening reporting standards or making the rules relaxed for trading. The pendulum will swing the other way, but real companies?
They just keep on getting squashed. Its a shame really.
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