You have to admit even the most street wise investors out there would have a hard time predicting a $15 fall in 4 months on a $25 stock with no bad news. They even came out with good news in Jan. I can only hope that if PRFT has decent earnings next month, as they have said, shorts will cover and we might see $16 again. Sooner or later selling will be exhausted. I don't believe this company is CH11 material.
If this was the only stock that has plummeted in the entire market, then I too would be scratching my head. It's just not the case - panic selling seeking safer shelters is ensuing. Small cap stocks with high PEs get hammered first in this volatile market. This company is far from being CH 11 material!!
BTW Tabgilles...I am not calling you stupid - I just thought the phase was kind of catchy!! My apologies up front if I offended you...I did not mean to.