I believe half of what I see and less of what I hear. THE MARKET CURRENTLY HATES THIS STOCK. You have to ask the question why. I don't care what the book value is, or the PE, EPS, and the list goes on. Management suspended the dividend, why???. Did they do it to save the cash or bring the price of the stock down, or did they do it to maximize shareholder value. Remember the dividends are the norm for this type of issue. If at some point these pricks start buying millions of shares or better yet get even more millions of options at ridiculous exercise prices, then you may see this PIG move again. But we longs have been jobbed, and that is for sure. Todays action is puzzling in that such a large drop not followed by above average volume?? Good luck folks.
Just an after thought. I played EZM again today after it bounced off $2 quite nicely. It did the same thing last week. Last week I held on for 30 pennies, but today I bailed after 6 pennies. I love that stock.