Got to admit that although I knew about this company for some 2 years, I never did a good DD on it (or at least not the way I do it with my long-term stocks, i.e.: MOBL, GDVI, VFIN, CIRT). Does anyone know of any reason for the recent drop? I've been reding the latest PR's, and SEC fillings and found nothing that will justify a drop from 0.03 to below 0.01. So, the only good explanation I can think about is shorting by either the MM's, or some organized "tribe" (many of them out there, especially the Yahoo groups).
PS: Anyone following CIRT? That's a super Buy right now, IMO. Just read (at least) the June 8 PR, and I bet you'll like what you see.
PPS: I see the merger has been terminated. If this was why the price dropped, I believe it will go up again, as I didn't like the terms of the proposed merger agreement, and these thinks happen quite frequently anyway.
Mike
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