I've been with this company for years, from the glory days when it seemed like it was going to be a hot stock. I don't get it either. It doesn't seem to have ever recovered from the " chi pad " pump and dump scam several years ago. It's also really hard to get solid information on exactly what's going on with the company. I read where an investment firm had bought a sizable chunk of stock and had hoped they might shake management up, they sure need it. At what point do we make money, good question. Another one is why is the stock always selling for below book value, go figure. I think inept management is likely the answer, something sure seems rotten.
When I first started investing in O2 it looked perfect. They had a big (and growing) portfolio of patents in the tech and battery sector. I expected by now they would be cashing in on these patents. Instead, I constantly read that they are filing for more patents and burning through cash. So it begs the question: at what point do we start to MAKE money.