Your statement is based on the business fundamentals and the massive dilution that has taken place. Seems sensible enough, but there are posters on ST that proclaim themselves "chartists" that feel the stock is due for some upside movement. Those folks ignore the business fundamentals, the dilution and the market cap. They are, at heart, degenerate gamblers.
There are even people who saw the recent filings and believe that since the issue price was in the 35 to 70 cent range that it means the stock is guaranteed to rise to those levels. Pure ignorance.
And it's always possible that Rory will release one of his pie-in-the-sky PRs about some new partnership that will give the stock price a temporary kick in the pants. Maybe this time the "partnership" will be with McDonalds. Or some other clown.
This has much more room to drop though now with the market cap so inflated.
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