Talking this up to .10 - .50/sh is great and more power to you, however every single day it nosedives lower.
-18.7% today
I have yet to average down because there simply is no reason to. No one follows this security as evidenced by lack of participation on this form.
This stock had an undeserved $450 million dollar market cap and a $178 million dollar market cap. Now we have maybe a $6 million dollar market cap and "the street" obviously still thinks that's too high, and I agree wholeheartedly.
How did this stock ever trade at $1?
It ran due to a pump and dump scam operation and then was shorted down to the ground. The shorts have obviously already covered into the volume and now we just linger here at under.03 waiting for a CEO to do damage control? It takes this long to issue a statement? Something's not right here and I will not purchase shares of this equity until the CEO makes an official public statement, and even then, I'm going to be hard-pressed to add to my position unless the company can substantiate its market cap
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