I agree. And that’s why I’m more bearish than bullish at the moment. Bad management decisions have caused the whipsaws and there was no strength behind yesterdays move. And at the current rate they will shed 4 million per quarter and it’s already begun as their market cap dwindles weekly. You don’t just shoot to AH highs to get rejected and now back to the low end of range.
8 months of red continuity basically. That’s not good. I expect a bleed out slowly until they need more cash by the end of 3rd quarter.. ceo will do another offering again. The time to go long will be next January. This thing will decline slowly. That’s what the charts say. Waterfalls.
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