Actually, there is no surprise at all. Everything that is happening now could be seen from the financial statements starting in September. Tenkay and I (and others) pointed it out repeatedly, that the dilution was coming, and when, and why.
People tend to reject information that does not fit their own notion of facts, even though the real facts are filed at Finra for anyone to see. In fact, when the very real facts have been pointed out, repeatedly, other posters called us bashers. There is a huge difference between bashing a stock, and pointing very real dangers.
Finra doesn't care about who the CEO is, and they don't care about what 'might' be in the pipeline. They don't care about joint ventures, and maps deals. They care about what HAS happened, and smart traders should care about that too. It is called the track record for a reason.
It doesn't have to fall far to hit trips now. If you have profit, you might want to consider collecting it. If you are already upside down, you might want to consider how long it might take to break even, given what is coming, most likely.
Don't fall in love with a stock, and don't fall in love with a CEO either. It is YOUR money, and you should care more about that than anything else.
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