SGMA $2.31 -.82, is getting horsewhipped this morning. I think it is a bit overdone here, but I thought that in the $2.70s, also. I have been accumulating more today all the way down to $2.30! Lots of nervousness in the market.
I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.