I agree with you BSD. The blame I place is soley with the company itself. Any issues with the stock price would be completely irrelevant if the management were more transparent about costs, revenues, and projections. Their inability, or lack of willingness to follow through, has cast a heavy lid on the pps. At this point a 10% short ratio is not surprising to me, its still low and selling by larger owners is not surprising. No one should be surprised that there is no instiutional interest at this point. The instutional owners expected this stock to rise with information that managament had to release. That did not happen for whatever reason. So here we are. Bring results price goes up, continue to say and show nothing this will be worth nothing.
I sold another small block the other day and am at 1/5 of my original position. Granted my cost basis is about 2.95, but this has been dissapointing. I did not have a large position to begin with but had been hanging in there, at this point with what I have left, I can just wait till end of year and hope they get it together.
