I predict that S has seen its bottom today. (What do I have to lose?) S traded at $2.50 earlier today and I believe that is the end of the downtrend.
This stock is way undervalued, in my opinion, and I like that it has bounced off $2.50 on very large volume!!
Disclaimer: I have been wrong before and I will, without question, be wrong again.
How about a $2.60 close, for old times sake....
Perception is often difficult to evaluate. It comes in many forms and sometimes has nothing to do with a companies performance. And yes, recent performance tends to affect future performance. A stock goes on both winning and losing streaks, sometimes based on nothing.