HOKU is headed to ZERO. This stock is by far the worst stock you could own. It's done. At this point it's 100% clear that HOKU is a hopeless bust. Nobody would buy this POS at 10 cents.
Next step is selling out all of us current shareholders to a group that will fund HOKU till they can sell it. Just look at SIRI. They threw shareholders under the bus and gave the company away. We're under the bus and they are running us over daily. It's assured they are in negotiations now. Personally I'd like it to go to zero before they give it away to people that had no stake in HOKU. Wall St sucks.
Siri was nothing like hoku. I bought that stock at $0.05. There is no light at the end of the tunnel here. You don't see applied materials saying either hoku is buying us or we are buying them.
What's going to happen is by earnings or after it they will get delisting notice, this heads to pink sheets and trades for about $0.25-0.50 for a few years till they pay off massive debt, or it goes bk.
SIRI converted all it's long-term debt to equity diluting shares where existing shareholders were crushed. Then they made deals with Stern and Winfrey and they got crushed even worse. Forgot which order this happened.
The point is HOKU shareholders are going to be crushed the same way. It's over for currnet shareholders.
Personally I have 50K shares now and had much more before. My biggest mistake ever.