I would have to agree. This stock will see 4 again (it is just a matter of time). Not this week might get close next week, but in a couple of weeks for sure. Then will it go back up?.............decidedly so as it often does on it's continued overall decline. This stock will rise and fall, fall, rise then fall, fall. Over the last five years. Many oportunities to make money on boths sides high and short. I see no big changes anytime soon. Just a long down hill slide. Definitely not a long term hold. You have to watch it every day all day.
I guess the question is will we retest the Nov 30 closing low of $4.26 and the intraday of $4.18. That could be a great trading price. Hold until just over $5.00 for a 20% profit. Sell at $6.00 for a 40% profit.
I belive we could see a new low in 2-3 weeks. I also believe they will drive the price back up around 7 at some point. Then back down again. It is if this stock is taking it's last gasp occasionally as it slowly dies. According to the trend of the past 5 years it has about a year to one and half years before the steam belches one last time before this ship sinks for good.