yeah...I thought XRM might have stabalized around 3.50 last week based on that but sure enough as soon as I start building a large position, the bottom falls out. Story of my personal investing life. You would think I would learn by now. Maybe we will have a buyout but not getting my hopes up. Were the insider transactions legitimate in May? They looked a little forced, if you will.
THe street is pricing XRM for another BK, which is very likely. XRM needs to restructure/reduce their debt to function as a viable company. Only hope for any real recovery is if a white knight comes in and buys out the company.