Too bad the fundamentals went to crud here. It is now as likely to have a bad news event as a good one and it will drift lower on no news as they burn cash.
I don't even know what price might look like a Buy now. Somewhere south of here, that is for sure. I think the last straw for most people was when they gave themselves millions of dollars in cash and stock bonuses even though the stock price dropped from $4.06 while stiffing shareholders. Yet another lie when they guided to a dividend the next time they got a chunk of cash.
The comedians here can laugh all they want, but I have been spot on for over two years on this stock. The late to the party buyers will sell as it drops to their buy price or worse yet follow it down for a loss.
Ugly it’s gonna move down to a nickel a share . If it does I’m going to initiate a hostile takeover and I’ll be the first homeless ceo of a publicly trading company .
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