The insider buys appear to be huge over the past 3 months and beyond. These guys have sunk huge dollars way higher than were we sit today. We just need one big high volume day with some news and will be in shape.
They are going to be lucky to get 1.50 per share R/S adjusted the way this is going. Crazy. I am painfully sitting on 130,000 shares.
Quite a bit of covering done. Not surprising. I shorted Weds and there was about 2.5 million available and now almost 5 million.
The numbers don't add up. 10/1 R/S....but the overall float only goes down from 125 million to 50 million? My simple math has a 10/1 R/S dropping the float to 12.5 million from 125 million. Whats up?
Now they can bring on a new CEO and put them in a position of low expectations. Actually a good way to start.
I never sold. Holding 155,000 shares. Scaled in mid .20's a few months back and thought a partnership would do more for it. Ugh.