I've held on since the crash last September and I just can't take it any longer.
30,000 shares are about to get dumped onto the market. Maybe someone will gobble them up. I have taken a massive loss on this sh**tty stock and I can't continue to watch every day, day after day after day, week after week, month after month as the share price drops and drops and drops and the people on this board cheer and say that they hope it goes lower so they can buy more. Ugh.
This thing is going to end up under a dollar. There is nothing left. No news to wait on. No announcement from management...since nothing ever comes from management...but standard "we are excited, we are strong, we hate answering to shareholders we aren't very good speakers......blah blah."
So good luck to all of you longs out there and #$%$ to all of you shorters. But I can't do it anymore. I have lost so many opportunities in other stocks because I kept my money tied up in this piece of junk. I have learened something from this fiasco...don't hold on to stocks troubled stock...hoping with faith that the stock price will come back up....because....because...because it HAS to. The reality is - no, it does not have to and it probably won't.
How come nobody mention Yahoo fiance cut 12 month target twice now both the last 2 ER... From $5.50 to $4.50 now to $3.50! NOTE That is a 12 month projected estimate NOT 12 days or even 12 weeks, but who knows next ER they may cut it down again to $2.50, but when they cut it to only $1.50 that may be a little more inline for the longer term 12 months+ maybe!