Can somebody tell me, without pumping, the facts behind why the volume has increased here so dramatically, and the price has gone precipitously down. I have watched this go from .01+ when there was no volume, to .003 and observed LOTS of shares being dumped all the way down... usually when the company released news.
So... is there some kind of toxic financing, or is it truly the company dumping into news?
One thing I can tell you with certainty is that liquidity comes from more shares in the market. Where are the shares coming from, actually? I don't know.
This was an illiquid stock that never traded much, but had lots of promise. I lived 60 miles from where Lee Hamre conducts business and always wanted to think highly of him as a "local boy makes good" scenario. From what I've seen, I'm a stuckholder who's NOT averaging down, not dumping either, but now consider this a lotto with higher risk of complete loss.
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