Sonic - yes I am happy with the 10K. It tells me that that company is on solid ground and is executing their strategy, per the business model.
I think it took awhile for management to realize they were being hit by stock manipulators. And the methodology used by these manipulators is very elaborate and difficult to defend against - at least by honest management.
Jesse Livermore was a fabulous "trader". Livermore made his money by understanding the markets and human psychology. If you are a "trader" then you would have cut your losses as soon as the stock fell 10%. Yet, despite his knowledge, Livermore made mistakes, lost his fortune, and committed suicide in 1940.
This is also not the same market as the 20's & 30's. It's a manipulative stock market where some folks start pink sheet companies, hire promoters, put out misleading NRs, drive up the price and then sell their shares, and then short the shares. These pirating "entepreneurs" devour companies. They do not care if the company fails or succeeds - they just live for profits - and they eat off the retail investor.
If Livermore were alive I'm sure he would have seen the NNRI tape after last spring and noticed that something was wrong with the stock. However, in the case of NNRI, the people that manipulated the stock and profited are not the management team that are trying to develop it into a world class company. That's the company I was buying. The one with honest management! Whether or not the share price can recover from the attack is not known. But honest folks don't like being "used" or lied to and they seldom go down without a hard fight!