I know I hold much less than most hear but we really need to address the situation with the CEO. We all know these sharks will eat us alive with any R/S. These shorts are automatic algorithms at this point and are almost always an immediate 80% gain for these machines.
It's really hard to justify buying more outside of the extreme oversold condition just do to the 10x increase in authorized shares and the lack of transparency regarding recent revenues or debt levels.
I see both sides of it. Once longer term investors get the transparency they desire I think we'll see more buyers till then 50 day MA will be the target.
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