Why pay $3 when they can get it all day long for $1.25?
All they have left is some cash, and by the time all the EXEC's take their cut, then this will be left with 30¢ per share for the shareholders. They say $1.05 to $1.25, but that is before EXEC's take their cut. People are still buying at above company value, and that is like buying a $2 lottery ticket that has already been scratched and found to be a $1 winner.
The product is sound....
Now those puts I sold to some of you shorts will expire worthless....lol, did you really think this stock would stay below a buck? Thanks for the thumbs down and thanks for all the extra monies.
I caught the falling knife and believe this is/was Capitulation.....the buy signal and now it should slowly recover.
On the flip side, no support below. If it starts going down, then look out below.
Lol😀 I have traded this stock for 10 years and currently have over 100.000 shares. Learn to read!
I hope it does not sell off. I know the end is near, but just how near??? it is anyones guess. DATA is starting to show up and will eventually win over the sellers. Just tired of the poke in the eye with every pop. Sometimes I sell some into the pop and then buy more back when it drops. However, I only sell 5 to 10k into any pop. I always keep 95% of my NAVB.
Everytime you sell into the pop, then you take a chance that you will not be able to get back in? Just an FYI.
Ok, now that is funny. I know it would hurt, but I would #$%$ a couple if I could. I think I could start with little bricks and work my way up until I had enough to retire.
I have had to push blue dye thru a filter many many times, and I can tell you it is very very hard. I use to hate to see the orders come down to the pharmacy.
OMG, let it go....you can even sing the song if it helps you feel better. You have had at least 6 chances to sell covered calls against your position that would have made you some nice change. 20¢ to 60¢ each time, and each time the calls would have expired worthless. In other words, your stock would not only have been free, but you would have been paid to hold your stock. This last time around I sold July $2 and $3 calls for 40¢ and 20¢ So now the stock is at $1.3....but more and sell it when it goes up. Do you just sit and cry all day?