The earnings met expectation but guided lower, the stock took 20% off. Buyers decided to test how low this would go by downgrading but to their dismay it went down only 2-3%. In theory, they have bashed and beat it down to as low as it can go. It has reached the point where investors are willing to hold and lose it all if they have to. Thus, there is only buying from here.
The crooks that make up this management team, will have to accumulate here and finally advertise and start making some sells on oraquick.
You might be partially correct in your first paragraph. I do, however, get amazed at the times people...in these stock posts... are quick to name call management(s) and shouts for firing them. A typical sign of buyer frustration. Let's hope the bottom has been seen. This will take a year to get over $7 ?
I find it hard to believe that anyone can fail this badly on advertisement, especially on one of the greatest products on the planet that can sell on fear alone. Not only did advertisement was late to the launch of OTC but also the lack of advertisement campaign is mind boggling, like they want it to fail.
At this rate of advertisement, it will need at least a year for word of mouth to get around, hopefully competitors will not release such product. I am hoping for a buyout. This management if filled with incompetence, to say the least.