Those who have access to inside information on this company are selling it with no regard to value. The news must be horrible and should be posted soon, once all insiders and their friends have sold.
Thre are quite a few decent stocks down 80% in the same time period.TPCG drop was severe but not as bad,about 60%.Altering IBD guidelines a bit, I always sell on weakness using two quidelines:1. Sell on 3rd consecutive day of weakness no matter if the total drop is less than 7-8%(IBD is sell at 7-8%).2. An overall drop of 7-8%, time line doesn't matter, only the percentage. Could be one day.Worked great for 33 years so far. You keep your profits, which is THE name of this game, and live to buy lower if sensible.
Thanks. Good reply. I bought this yesterday and I and hope to sell much higher.