You can literally watch them support this POS with their buybacks...
EVery time it gets to a key "look out below" price it bounces n about 5K shares bought. I can not think of a worse stock to own if the economy slows as EVERYBODY is predicting next year. This is why mgt is buying back 200 million in stock-because nobody else is.........Got to figure they already bought 70% of it by now...what will they do next?
The problem is that they likely use the buyback cash as a catalyst to attract high frequency traders to jump in so they're multiplying the bang for their buck...i.e. they buy 5000 shares and computer screens light up everywhere and another 50000 gets bought. This makes the inevitable end come later than sooner. Will just have to wait it out.
I'm not sure about HF's to jump in to buy. In fact, if anything, I'd think any time it goes up, everybody else jumps in to short, given the dark future of Q4 being common knowledge. Actually, this buyback scam is very telling to those savvy in the game.