Someone is buying at these levels. It closed last night after hours at $12.05 after at 4.:03 it was down $2.00, 17M shares traded down $1.60 ish from last night. Someone is buying and some shorts are taking their profits.
You are dealing with a guy who was basically branded an idiot @ HP. Very knowledgeable, too stupid to execute a viable plan. He will run this into single digits before the board wakes up and realizes the guy in the CEO position is not capable. We will ultimately pay for the poor decision making of the entire board. Hopefully, someone wakes up and sells this company before this band of misfits ruins our chances of that ever happening.
agree flat out. needs to be sold. why pay all this $ to reinvent the distribution channel and sales/marketing strategy when a bigger co would just plug it into existing infrastructure and not have to trial & error a marketing strategy. go it alone strategy is so slow, you miss out on opportunities that you never get back. see it happen all the time, and it's just a freaking waste of productive capital & assets. so stupid. sell, sell, sell.