Based on simple math I would say No... I was the guy who sold his 8900 shares AH .... I am still a long term believer in this stock although yesterday was a real head spinner for me. Net of AR and AP they had $60M in cash so for the life of me I struggle to understand why they pull the ATM at the stocks lowest point of the year. I actually wonder if as part of their agreement they had to commit to purchase shares over a defined timetable and their hands were forced. If so, not impressed that they think $4.58 is as good as it gets in the short term. Who knows, maybe it is a set up for better things to come. Either way I decided to take a breather and wait out both the tax selling season & fiscal cliff noise. Unless this is "THE RUN" I will buy back in the New Year or sooner if the PPS drops to a point I have to buy.
GLTA
Sentiment: Buy