The guy your answering to is hoping to get shares for $4. Everybody on this board suspects that he shorted and is hurting badly. He's goading everybody to sell so he can get his money back.
Just think, this outfit has a positive cash flow, earning money, growing revenues, and endless opportunities with new products. Now, do you think in your right mind that the price will go at or below book value? Not a chance in the world, unless we have a 1929 like crash! Just be patient and you'll be rewarded.
the problem is not that they are technically overbought..they have a hell of a lot of debt..higher p/e than their competition and do not sell a product that has a viable future. this company won't even be here in 3 years