Correction: the bleeding -will- be worse if indeed this is an orchestrated takedown.
But I don't think that it is. Lots of people here bought when this was under .02. They are holding millions of shares. The smart ones sold high, and took Parsi's selling as a giant warning sign (Sorry, but CEOs don't sell their shares if they know they are going to be worth more a few weeks/months down the road).
Others are now selling to preserve diminished profits. And, in turn, those who bought in higher are selling to minimize losses as this treads back to .03s."
Long term it can and probably will succeed, but Parsi HAS to go.
Does anyone really, honestly believe he sold his shares to keep the company afloat?
Really?
If so, there's a bridge in...
