though you are correct that buyers are down from where the split occurred, that $7.20 is a bad metric to use in judging this. it only got there because of the exuberance of buyers who spiked this up at the last minute in seeking the shares from the forward split. in point of fact, most of the buying before the split hit the daily list was in the $3.00 range, and, if i recall correctly, it didn't do much (if any) above $3.8x, which would make .65 an honest representation of what this was valued at. on his board -- OTC IPOs -- Big Brother not only posted in August of the coming split, he also alerted those who were interested when this finally began trading while still using the symbol ARUU; that was in the first week of September, and i believe it opened at $2.40. if you were to then take into consideration that the name change and f/s were in the second week of November, you might realize there was ample time to build a position that is still averaged below where this is now.
maybe i'm just looking at this in a different light, but it seems to me that buyers get ahead of themselves more often than not when they don't wait for a stock to settle in a range. like you (and many others,) i'm a bit disappointed it didn't hold $1, but i've yet to see them ramp this up with some sort of promo and, speaking just for myself, i see this pullback as a buying opportunity. but, then, i've a tendency to look to the future and not go crazy about the present.
speaking again just for myself, i don't think this is a dog with fleas, as so many 'plays' are; and i further think that LYN has a pretty good handle on this. but, of course, everyone is entitled to an opinion. mine is currently worth no more than .75, but that changes daily. and not always for the better.
best of luck (and happy holidays) to you and ALL
rich
News 
Market Data 
Discover 
