I said it is a penny stock to me. The reason I say that is because I used to trade it like a mad man when it was 40 cents, 19 cents even 12 cents. It was trading below 50 cents for over a year (maybe two). Under a buck for three years I think.
You guys will hopefully not find out that this thing is VERY VERY DANGEROUS just like a penny stock. The company is in no position to make any decisions aimed at improving shareholder equity. Company is in a deep deep hole. This latest round of activity is not going to get them out - it just means the hole isn't going to be filled in this year. It buys time and much time is still needed. Labor will be taking a further hit to morale. Equipment will continue to age. Desparate measures will most likely need to be taken at some point before year end.
Do not think I am bashing. Ihub chatter has no bearing on the price or volume of this stock. Nothing I say matters.
"If everybody is thinking alike, then somebody is not thinking." George S.