i saw that too late....i missed it when i glanced at it and sold early......that 4.4 bil lose thru me for a loop...or when they say it lost 8 a share it sounded like they ran out of all their cash...............I wouldnt touch it here at seven.not long or short...its burn rate can be suprising and go either way........ceo says two years before becoming profitable...all this action is due to a short squeeze and options expiring today..........its probably just a hold at seven til further notice......if he wants to sell the company i guess book value comes into play.............didnt take advanced acounting so i'm not sure what to make of the writedown or how it works........could it be to their advantage?
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