Wed, May 22, 2013, 10:13 AM EDT - U.S. Markets close in 5 hrs 47 mins
no fundamental to drive the price; sliding back to $1 soon.
Sentiment: Strong Sell
Hey buddy, the CEO himself is willing to pay 1.85 per share for a company selling under cash.
Hope you and your shorts get #$%$
Lets see, the company is worth only around 90 Million.
The CEO happens to be filthy rich from his previous stint at AB and he's buying 50,000 shares everyday at market price and he hasn't stopped buying shares.
Tell me why fundamentals matter when it looks like he's going to buy the whole company.
I am laughing so hard at some of you shmucks who are buying high and selling low because OH NO THE STOCK PRICE IS GOING DOWN I NEED TO CUT MY LOSSES.
Here's a tip: it's just a smalltime hedgie manipulator trying to cover his shorts, sorta like what happened with netflix this week.