The book value is 0.04 and it's trading at 2 times book value - that is one factor. it was at 0.15 e.g. 4 times book value but couldn't hold.
dilution - another factor. can it dive down to $0.04 - $0.05 range? This stock does not get any good status from investors - why? Any explanation from you longs?
PS: never fall in love with any stock. we are here to make money using stocks not to hold stock forever and lose money at the end of the day. stocks move like wave.. smart should get out at the peak of the wave.
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