I think the problem here is that you are missing the hear and now with the past. There is a time this company may have been worth $20.. Unfortunately, that day is not today.. CTP is a people business.. Most of these consultants get paid in cash.. If you can't pay them or they move (which I suspect many will do in this time of unrest), the value of the enterprise drops. PLus the culture of CTP is not exactly the epitomy of professionalism. They will be luck to get double digits..
You just won't leave it alone.. Give us a break! There is obviously or has obviously been someone of size exiting. bottom line is that company has been making good progress - if they continue to do so, the stock will be higher, not lower, I assure you!
OK - so what we have today is someone who wants out. Today is the day the company needs to file its 10K and were going to come out with an earnings announcement. Here we sit at 01:00 or so and there is nothing. Somebody is gleaning that this delay is not good news and are selling. Well as they sell, I am buying as with stocks like this the time to enter is when there is trading liquidity. This company was a mess when new management came in and despite some of the negativity on the board, the company is squarely moving in the right direction. Is this a quick fix ? - probably not, but at $1.25 they are giving it away. While i don't look for a barnburner when they report, progress will be evident and suspecdt we'l turn the corner in 2015 and see some positive top line growth. Don't get caught up with the noise.. just buy it and you won't regret it.