--good place to do the bottom. Hey look, if this was not the case buyers would have been here by now. Always a bad sign when stock prices run from their overhead gaps.
I thought $30.00 was a reasonable price but some times the market just does not want to beat a stock, it wants to beat a stock to a pulp.
95 million shares are going to be unlocked very soon. This is why you see downward pressure on the stock. They push it down to get it cheap. Once the lockup is over the stock should bounce.
I think the date is 5/20 or 5/21? Can anyone confirm?