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Traderfan

01/17/12 3:22 PM

#460 RE: umiak #459

Like I said in my prior posting, usually when I see this kind of action on an already extremely cheap and depressed stock then I immediately think that some problem is coming up. The issue is that volume is not even that low lately (relative for this stock). If you remember I sold almost all my shares prior to earnings (and posted so back then) because I was asking myself why there is such negative price action before the 10q comes out and back then it certainly was an indicator. Doesn't mean that it must be an indicator this time as well.

I just find it odd that we are now below the most recent hysterical selling lows after the 10q. But maybe the stock will recover quickly if the debt rollover (or some other deal regarding the debt) is announced and people are just playing it cautious at this time. All else is just guesses at this point. IMO