The company is going forward. That is not in question. WD is moving forward with all new share holders and a few old longs who have lost almost all of their original investment. Dilution will continue. Billions and Billions of new shares will be sold into the market place .. and the beat goes on
New people who buy this stock for long position will be flushing their money down the toilet just as the last bunch of longs did in the past
rinse and repeat.. as all regular old penny stocks do ..