selling - Cannot understand why anyone would be selling at this level unless they are trying to short the stock which will eventually be very costly for them. Current levels do not reflect any logical valuation. The main issues with this company have been removed or will be removed shortly. It no longer has to put in the going concern line in their financials and the liquidity mismatch issue is over.
The NY Insurance Dept will remove their ban on new business and their rating will be moved up. So don't give up your stocks at these low levels.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.