I said this in my very first post on this board, when we were at 75 cents!
And what happened? I called it perfectly! Debt resulted in bankruptcy!
Due diligence 101. No tricks, no "criminal activity", no freaking scapegoats, just simple beyond heavy debt that no one on the planet would touch or refinance! This was beyond plain to see! Shareholders who looked the other way were treated to a rude awakening by the market! The market teaches expensive lessons! 75 cents has become 10!
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.