Orchid Cellmark (ORCH)

[locobio]

The company must be sold to a larger entity, it seems to me. CEO did say in last call that he felt there was sufficient cash on hand to run for the near future without new financing. I'm hoping for this Bologna to clean up the balance sheet and slim the losses, then sell by spring. Willing to give him a chance, as the labs are good ones and the business they do is real and not going to go away completely. The next six months will tell for me whether I feel like staying or not. At this point though it's dead money, with pure speculation going forward, but I don't need to take a loss.