That is what often needs to happen before a stock can move up. The lost sheep who follow a company from lofty highs to near zero finally give up, the shorts take advantage of their dump and finally cover, and the savvy investors swoop in and pick up the remaining value for pennies on the dollar. It’s clear that the will of many of the long term investors here is finally broken so now it’s time for capitulation to begin.
Another day of Capitulation and another day closer to the company being valued at only cash on hand; giving zero value to their hundreds of patents and FDA certifications. If this is going to turn then insiders are going to have to show us a sign that their is reason to have faith in their work. A few large insider purchases would be a good sign... Another possibility would be to add Jack Schuler to the board; no one has more invested in seeing this company succeed that he does. Putting him on the board would show the public that someone with shareholder interest in mind is now helping to guide the company.