Stock continues to strengthen it's base. I still remain convinced that the lows have been reached and based now on the daily charts coupled with the announced sales and finally the commitment of management to aggressively move toward EBITA breakeven, the resolution of this base building process will be to the upside.
All the noise of intraday trades including MM activity is useless in any investment decision. I pay little attention to all this dissection and am mindful only of the technical characteristics of the chart and the positive direction ( finally) mgmt is taking.
Of course it's understandable to be suspects of anything that can be concluded based upon mgmt's past history of dilution. But I think they mean to turn things around and the market is in the early stages of believing them. I'll be nibbling and adding soon.
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