New buyers unknowingly being led to slaughter when the other shoe drops. The advanced funding they mentioned in their press release Monday is old news. It was announced back in September. No actual real new funding.
Desperate companies do desperate things. So is the life of a company hovering around 52 week lows in a rising market.
Somehow all credibility goes out the window when every poster that does not like this stock is branded as either fired, does not know how to invest, or is an idiot, etc. If investing in this stock is such a smart thing to do then why is it trading at the same levels it was trading at in July of 2010? Why did the insiders sell? Why does it languish at 52 week lows? Why did the CEO just announce revenue and earnings for 2013 will be below 2012?
Funny how certain individuals try to discredit those that correctly shun a stock that's share price has dropped significantly in such a strong bull market. Very odd indeed.