You want to make some money or not?
When the stock was trading higher than 0.50 I told a friend the trade here is to sell for 0.50 and buy back for 0.25 (0.24 is support). I also said it could happen in just 3 days. Even I was surprised by the speed because it happened in just 36 hours.
Later, I said publicly, perhaps support will not hold.
Look, nothing is going to happen here for the next 2 months until the settlement is final. Unless they change auditors quickly. I don't see it happening. I only see negatives near term. Meaning, the stock may very well go lower and when it breaks 0.24 it could drop to 0.15 or even overshoot to 0.10.
Technically, we either go down or sideways from here.
Even if they change auditors, the market will not understand the significance. And you can still buy the stock. But again, I don't see it. Worst case scenario, Solomon will not file.
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