yah, what's needed is strong buying volume. As long as there aren't any committed buyers the stock is susceptible to the sort of manipulation we're seeing.
This is typical of turn-around stocks going through transition. People get this opinion about a stock, based on past performance, and anything less than a 2X4 to the head won't change their opinions. Buying a turn-around stock just before it turns is a great way to make lots of money, but it takes a certain sort of investor to handle the chaos that usually surrounds such events.
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