Gaiam still owns stock... matter of fact private placement was to Gaiam... they certainly upset the apple cart. this is being played for personal gain by Gaiam... thats all. if they would not have diluted, and Gaiam divested... this stock would still be four bucks a share. thats what BAD MANAGEMENT is all about. Perhaps the bean counters from Boston ... David Belluck or whatever... can save them.
It was 7 because of hype and fluff from thinking it could be another SCTY, when SCTY was flying high. That bubble burst and on top of that RSOL announced the secondary. That's what brought this stock down from its overbought condition. The reaction to the GAIAM thing is now ongoing, new, and hasn't worked itself out yet.