I'm not thinking anything.
There should be some insight as to what sales will look like in Q3 and Q4 to stop all these crazy price swings.
I've risked a lot here and would appreciate guidance in that 2nd half of the year.
That would help ease fears and cause everyone to bail after earnings and move away from BAU for this company.
It's not too much to ask to have an idea of what Q3 sales are looking like.
The new CEO has come up with a plan and executed.
Alex will be stepping up to the plate next week.
We shall see if he gets a base hit, strikes out, or hits a home run.
I'll be happy with a base hit that shows good progress.
It's a risk for anyone in the stock.
My opinion is that the shorts are risking more at this point.
I don't know about all that.
I think if I share my plans, it gives confidence to others.
I'm pretty sure none of the big players that cause a stock to move are worried about me buying 1000 shares here and there.
Alex the CEO has 832,973 shares
Nasdaq market site - Stock Consultant tab says stock is oversold and gives higher trade quality to the upside 95% versus downside of 30%
I haven't seen any bad news.
Only a huge bump up in short interest.
I'm not sure what the short thesis is and wish I knew.
According to Yahoo, Bruce Karsh still holds 3,401,000 shares so he is down $15,610,590 from the high.
That would be a bummer.
I'm not pumping, but am going to hang in there until after August 6th to rethink this if it doesn't come back some slightly.
I may even buy some more shares tomorrow.
All my opinion and I don't want to influence anyone either way.
That helps ease the pain of this downward spiral.
This would help motivate the CEO to get the price up.
As long as we don't see any shift in dedication of officers being in alignment with shareholders, I'll hang in there and buy more.
I see that they want to raise from 100 million shares to 150 million shares
The price has deflated 62%+ in a very short time frame with no end in site.
Just when you think it's done, SLAM down another 7%.
They may be forced to if Alex reports something good in 3 weeks.
We shall see.
There has been no shortage of announcements (actions to turn this company around).
I have a pretty big bet that they do.
We shall see. I have a lot invested here and believe what the new team is saying because their actions have matched so far.