You have a very powerful short community pushing on a stock that is selling below cash. If longs here could see and properly explain why this stock is worth more than what it is currently priced at then you could see a very bullish run. But no one here is able to do that, instead they all have reasons why they think top management should be fired. You fire top management and then the real discount begins. If you want to see your investment increase in value then everyone here needs to start explaining why they believe this is a good investment. If you can't do that then you should really move on because the shorts are ruling through greed and fear and without a proper logical reason to buy fear is ruling the day.
They have created an artificial down trend. The chart along is enough reason for most longs to stay away. The only way that trend is going to break is for buyers to return. Can you give them reasons to buy? If so, I've never seen it.
at last- at last
Trust me, I've been in this stock forever. If I had anything new as a reason to buy this security, I would add it to this board. At this point, I think we need some clarity on the law suits. I can't imagine the management being found liable for whatever transpired during the ADM demise or that the truth was not told. I would also find it hard to believe that some ambulance chasers from Brooklyn could stand up to a Boston - Harvard Law School graduate. Beats me, but for some reason the stock price is below cash. I contribute this to the possibility and uncertainty around the law suits. If we were to get some summary judgment on the complaints, we'd be 100% above cash value immediately.
I also think there is a mole within the company.