last month you said bankruptcy.
Incorrect, you are mistaking me for someone else.
The company said exactly the opposite.
"The company said". The company doesn't speak, management does and they lie. They are disgusting liars.
Now you're on a quasi-bankruptcy rant because of a financing arrangement?
The outstanding debt was swapped for equity (senior convertible instruments, with a dividend rider), typical of quasi-bankruptcy filings. There will be no bankruptcy simply because the company is absent of assets carrying any material value.
You should have stopped when you said "guess", because that's all you're doing.
Point me to one individual on this thread not speculating. I have the courage to publicly share my expectations. You don't.
As for your 'technical' analysis - calling this "...increasing volume..." and "...hammering...", is a far cry from reality.
Oh, okay.
For all we know, it could just be you selling.
Who is "we"?
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"I disagree with everything you say. But I will defend to the death your right to say it." --Voltaire