All those millions and millions of shares traded while the short interest went DOWN. Institutional interest is now at 42% and growing. Chump retail investors are selling to the smart money IMHO. This will soon be a 20 dollar plus stock IMHO. Why would you sell your 20+++dollar stock for under ten bucks per share?
Know what you own. Own based on your knowlege of the company. Keep based on your definition of value. No one has a crystal ball, BUT, over time value will show itself and you will prosper. To posters who want a get rich quick stock, there ain't any. You would be better off going to the track and putting your money down on the 4 horse in the 6th.
Sounds like poor advice to me.
In the event of a fire, don't think, just do...and do it when you smell smoke, not after you got burnt.
Same thing goes for the other side...ride it until it's good no more.
I'm like the Institutional guys-I buy everytime it hits $6.60 or less-I am accumulating as much as I can afford to go with my SIRI-both Long term companies growing earnings and cash flow. I love it!! Got 3x more SIRI, so I'd like to double my EGHT because of the low float. I think it'll be 1st to double from current levels. IMHO--LOL I don't care if I'm wrong on that one.
It's a pop and drop play for now with 6.50 like a concrete bottom. Let the goon institution clowns play their games. This will clear up in a while, and this is clearly worth at least twice what it's at. Meanwhile, it is an awesome daytrader.