Snap--Yes, it was not a good day for this one...
I expected the reaction to the good news to be the opposite of what happened yesterday...It's OK though, I'm not in and just watching for now...The only way I will play this one now is on days they put out a Revenue PR, and then I will be only Daytrading it for a few hours, take the profits, and run...
Last year this was my favorite stock, and did very well with it, but after all the BS they seem to be able to get themselves into, have lost faith in them as a Long Term hold...The Technology is Awesome...The Management Sucks...
Someday, they might make something of themselves, and I will always keep this one on Radar...
I think there may be some heavy selling (or even shorting) going on in the near future, as the big winner of the last settled lawsuit has some large legal bills to be paid, and will want some spending money, plus they still hold a grudge against the Company...I'm looking for a test of the 1.09 low for a good long term entry, if that ever happens...
