The Waltons and Major share holders should fire management
That's the only way to stabilize and make sense of this stock. Management has figured an illegal way to make profits by either selling insider's infos or trading illegally. They own little or no shares; hence, they have little regards for stock value. In april they blind sided shorts and caused 50% surge in 30 minutes, and now they blind side longs with 30% drop in 2 weeks. Form a petition to remove all the decision makers from this company and hire a new crew. This is a great technology and it is good for our environment; I want to support a good cause but I do not want to support the crooks.
if they fire management, this stock would be up to $80/sh immediately,. The shorts knew this all along and most people who have been trading this stock knew this, that is why it is so volatile and hated/loved.
Yeah, something's going on with this. I've lost so much on this and it's looking like I'm just going to have to bail out very soon unfortunately. I'm trying to stay long, but there just doesn't seem to be any light at the end of the tunnel any time soon.
riding coattail is better with this stock, don't try to predict their next moves. You can't predict a #$%$'s next move. They may take it down to 30 or jerk it back up immediately. I am just sitting on the sideline at the moment. I got lucky this time around, I bought some puts in the high 50's and they miracously did something stupid, which I thought they would because it was trading high and it was difficult for them to make huge profits on stable high price. Thus, I figured they had to find some way to drop the price.