They hired a bank to advise on what they can do strategically
They said they will spend what they have in cash to find out what went wrong...that is, how much liability do they have if they don't go BK. So forget the BV, which I think is closer to $1.40 anyway.
You are right. They are worth $2.80 if they liquidate!! Fear Mongering at it's finest. Buy all you can.
Sentiment: Strong Buy
Lots of fear mongering going on. Drug problem not that serious as %'s is very small .
They are dumping 75% of workforce and considering BK. Do you need someone to kick you in the head any harder?
Sentiment: Strong Sell
CEO comment is pretty stupid - "considering all options even BK"