We are now down 45% this year since that amateur analyst, Marty Chilberg, who has been bullish since the $5 range, told us on his free analyst blog that 2016 was going to be a "turnaround year for SQNM".
He posted bullish articles at $4.50.
He posted bullish articles at $4.00.
He actually met with the CFO (waste of time for the poor exec) and then posted bullish articles at $3.00.
He posted bullish articles at $1.60.
And all the way down, even going down to $1, he boasted about buying more shares, and advised others to do so.
And so the "turnaround year for SQNM" that he foretold, at the midpoint, is down about 45%!
You get what you pay for with analysts sometimes!