There was some talk about this stock a few weeks ago. I bought a small position. I looked at it today and it has dropped quite a bit.
Whoever was bullish on this, what are your feelings now? What has changed?
My feeling is I've lost a lot of money. Nothing has changed other than my bank account. CEO has been deathly silent while the short entity runs this down to the sub-basement. You'd think they were originating subprime loans.
It's been mostly a disaster for most of my microcaps all week long.
I have a feeling though it might be bottoming out here. ER in two weeks so then we'll know whether there's really any bad news or this is a shakeout. ROCM is an ideal buyout candidate. Great product but the CEO is an inventor and does not appear to have any interest in supporting the stock price or courting Wall Street investors.
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