You have to ask yourself not only who is selling, BUT WHO IS BUYING. I've been long on this stock forever but the situation is such that until there is some level of stability and movement in business operations in the right direction, I'm certainly not buying any more even at these levels. Because right now, you just have no idea if it is throwing good money after bad.
Tato - you are about as long as they come on this and but I have to believe you feel the same way without something of substance to support going further long...
Also, when you look at other things you can put your money into... The bank stocks are at lows (The gov't will never let BAC fail so why not buy some shares at $4 bucks... Christ buy Ford motor company at less than 2 dollars a share - the only US auto company who doesn't need help and with gas prices low the F150's will start flying out of the dealerships again this spring - that part of the company is worth well more than 2 bucks a share). I think people are starting to realize, we've come too far down. Even Beacon's latest recommendation (most of which I ignore because they go up for a few days then come right back down) ZILA is about as good as they come (developed products, good roadmap, cash in the bank, etc). Too bad I have so much money tied up here!! : )
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