Collapsing is not the correct word.
I will use sinking slowly and why, that is the question?
So, in my opinion only, I think:
- USSE lost probably all the shareholders who bought in January. Let face it this new guys didn't have big run to make a profit like most of the October riders. So everybody with a purchase between .25 and .40 left the game.
- Bashers are very active and no matter what they can influence the weak player.
- USSE is making ennemies as we speak every day and some deep pockets probably sell/short that stock, to kill the infant.
- Some buyers know that there is a good supply of shares and they will not raise their offer, quite the opposite. The cheaper the better.
Now if I see a turnaround anytime soon?
You are Mr Optimism, you should know.....
Well we know we are due for a PR concerning contracts and updates. Let say I will not be surprised to see the pps back above .25 starting the next quarter.
Once again, it is just my opinion.
I own that stock for the cause, for the future of my kid, for reducing global warming, and to cut the hands of the camel back riders holding the genitals of the yankees.
I don't think Rivera did all that exposures and commitment to end up having soybeans soup behind bars and on serious diet.
Good luck
CL