Bought Monday on the dip under $4 and got out yesterday morning at $3.59. Too many bad vibes after press conference on Thursday. Thought stock would go up after conference and instead it tanked yesterday. Will stick to blue chippers from now on. Too much risk and not enough rewards with these type stocks.
if you looked at level 2 quotes today, there was a lot more shares trying to be bought than there was trying to be sold-------most sellers were just selling 100 shares at a time and this let the market makers take the price lower---i suspect the market maker was buying for his own account-----just a few shareholders bidding 5 cents over the current bid would put a stop to it and they would be getting the cheap shares---my prediction is you will see stock above 4 dollars before the end of march