Yeah, I feel bad for all the people sucked into this by his talk. De factor promise of a buyout, lured people in, and then they got crushed. It's pretty much criminal what he did, while at the same time he was unloading millions worth of stock at $12+.
Never trust management of publicly traded companies. Never. They will lie to your face and stab you in the back for a $1.
people here don't want to hear the truth they just want pumpers. After losing so much I have learned to listen to the bear case arguments in balanced approach. I have also learned when to sell and take my losses to stave off portfolio calamity. Better to buy another stock for the climb back rather than go down with the ship.