Get a grip....no bank is going to buy with lawsuits, SEC and justice department baggage that this company has. If they want to do something to stabalize price and confidence provide some clarity about events that caused this disaster
"This bump in stock price is short term built on media hype. "
LOL show me one example of media hype I have never seen a stock pummeled by negative news more than this one. Someone is buying all these shares and it ain't just retail.
You have 6600 7.50 call contracts expiring today....no way it closes over by much. Next week should see some improvement. That's what happens with low volume stocks.
You're being unrealistic 4.50 is a major hurdle....but almost 500 million shares have changed since GS said they were reviewing their status.....how many were bought by GS customers? It's a rigged game. play with them not against.
Listening to CC last night this was most alarming:
"As a part of our increased investment in key areas of our business, we have made the decision to recruit a surgeon to our leadership team to strengthen our clinical, training and product development efforts. We are confident; this will also allow us to put our best foot forward in our future interactions with the agency."
So a surgical robotics company deems it necessary to bring on a surgeon for it's second submission to the agency.....imagine that.....sold and really do wish all good luck.
I'm sure Travis would welcome all who want to pay to read .
I'm afraid the fundamentals are still too murky to assign numbers that warrant reliable outlooks....that and a questionable consumer allows the shorts to own this stock. JMO....
So what would be your "out of the box" solution...a stable of college students to take inventory to the streets to compete? Never happen....
LOL a 42-44 million trade......in a company with multiple blemishes so weak they paid Libor + 10 for debt....what a deal. I'm going to stick with "somethings up" and hopefully it won't make them sell their trade....a 6.7 million share dump would not be pretty.
I'm guessing that sale is in the works and happens before earnings....Brits get a deal 10.50 - 11.50