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Re: abuhafsa post# 75383

Tuesday, 07/17/2018 6:45:12 PM

Tuesday, July 17, 2018 6:45:12 PM

Post# of 108192
HAHA - naw, I hear you. I see this simply as a stock that's had a target on its back ever since the overblown run-up to 30 back in 2015. Shorts got ahold of it then, and never had a strong enough reason to let it go. This was supported by the ever consistent missteps by management including missed milestones, zero understanding of capital management, an absurd year in purgatory under Tony, and finally a dilution at 2$. It was a complete fall from grace, IMO. They had no answer to any attack and assumed they could tap the capital markets on whim and should be protected for whatever reason from price suppression. You don't raise 200 million, blow it in 2 years, and then expect to go back to the cookie jar without any financial development. Shorts have played this stock like a fiddle... and most tutes have sold out as a consequence.
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