I did that Chaos at 2.32 as you know and learned a quick lesson... the share price has been in steep decline ever since dilution became an issue, and management actions are unpredictable and apparently not in the best interest of the shareholders. Now that we've had the sharp drop and partial back filling today with traders stepping in to fill the void, we'll see if we can hold on or continue the price errosion. My guess is the latter.
I personally expect the downtrend to continue into the sub-basement. We're already down 46%+ from the highs two months ago, and I'm not going to try and catch the falling knife again unless management opens up and starts telling shareholders EXACTLY WHAT'S GOING ON. TOO MANY 5pm PRESS RELEASES WITH NEGATIVE NEWS, AND NO GOOD NEWS TO BE HAD AT ALL LATELY! By the way, do you think Murphy, or any of the analysts are still holding to their price targets?
