I think the market is way, way, way oversold but the shorts are driving the share prices down without any positive news. This is an Obama protest from the stock market without many buyers. We are at the mercy of the "big fish" and the government. The market is telling me that a capitulation is needed to form a base. We have been bleeding for so long without a true relief rally that i will stay on the sidelines until we see a sentiment change with the market players. This is absolute crap, but my opinion don't mean crap. I think that next week is the week the market turns.
delisting rules are suspended due to the huge share pool under a dollar. to delist take months. under 5 and sold off by institutions and mutuals is the biggest crash maker. 1.0 may be bit low but the pps could get very close. whats the share price at 520 S&P500 and you'll get a hint.