Every market investor who is successful follows basi principals ie fundamentals and technicals.If either or both are not positive or at least appearing to become positive, there is no reason to purchase,
Trying to guess what's cheap is folly. Stocks that look cheap getcheaper. Witness FCEL for example.
Longs have thought just about every price as it dropped looked cheap. They found it going cheaper and cheaper. And yet they never learn.
I am not short; nor to I know whether this company will be successful or not. I rely on what the market is telling me, what the company reports show, what truster reseachers report and technical analysis.
All of that saved me a bundle of red ink.
And for good sake, don't pay mind to the BS promoters you read on this board. Their record is abyssmal.. They do no thorough research. They report one sided views. They base everything from factless assumption with little to support it.
When the items I listed above change positive, I'll change even if it means paying a higher price. Until then, the stock has less than no appeal and I'll continue to dismantle the non-sense I read here.