yes, the Bull has been averaging down since 4 and he shines a light on what not to do here. You are right, clearly some funds are dumping and some pretty pathetic people on this board are quite sure each penny down is the final bottom, and that assumption has only been wrong for the last 30 months, since the IPO!
this is indeed getting scary. many hoped that recent 1.6 offering was the hard bottom. now there is no certain bottom, rumors are saying another offering is on the way. I just dont get it- they knew their financial condition when the price was much higher- like 4-6, why did they not raised capital back than? really strange. well VELT however may be a good play later, as they keep doing business, cutting costs etc. I am wondering if this gets to 1.2-1.3, lets see where the real bottom is!