risk vs reward is crappy right now man. I got in since 55 and averaged down. not worth holding it since it's a chapter 11 bankruptcy based on recent posts here, which looks legit after reading through it.
It didn't bounce at all. It might bounce tomorrow but the risk vs reward was not in my favor so I had to do what a trader does to protect gains!
good luck to you and anyone else who is still playing this!
The financials did say that they were in default for a loan. I'm sticking around to see if they are asking to impose a stay. If this is real it is possible that they are doing this to delay the default loan.
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