I have no choice but to bring my average down....
This thing is oversold....
Do I expect a bounce?...nope.
This is a pure value play at this point.
We will start to hear buy-out chatter from private equity.
Seeking Alpha came out with an article today thinking $6 on SKUL and they are not far off listing a 40% short position on this stock.
Quadruple down if must and bail. Retail is done for the year anyway.
intend to cost average some more myself today....maybe another 500-1000 as it's difficult to guage what we'er dealing with....wish management would have made a statement to rebuke the hits we've been seeing....though the insider buying 2000 not long ago gives me comfort..