I'm with you magilla . . . this thing is like a slinky. I am putting in a sell for 1.25 (25% over a buck) and increments of 10 cents in even lots for the balance of my shares, then will buy back in at .95. This thing overreacts - then over-over corrects.
Oslo perhaps catching up from late Friday afternoon run ... equilibrium somewhere in the middle.
Like many industries, although there is a modicum of competition, it is highly incestuous - everybody knows everybody. Deals made at the right price for everyone are common.
Who are these proverbial "big boys" of which you speak? Same pattern over and over - big run, then retreat. Next time I think I am going to get in on the "wash, rinse, repeat" cycle. Tired of seeing gains from day 1 vaporize (pun intended) the following day.
I probably should know this, but when is earnings release? Also, how reliable have them been reporting on scheduled reporting dates?
Death by 1000 cuts . . . uncertainty about what share count will be at the end of the month cannot be helping matters. Get it the Fu&% done already and stop the dribbling - at least then we can have some clarity.
They are shorts but they are OUR shorts. If history repeats itself, they will all run for the doors at once with the least bit of good news. Question is what will this catalyst be and how many wil try to squeeze through the door at one time?
Not all metrics are created equal and the metrics need to be aligned with the company's development stage - what do you consider "improved?"
This is like water torture, death by 1000 cuts, passing a kidney stone - call it what you will, but it ain't been easy with the lack of transparency. No wonder folks here have been claiming that the traders own this. If they are at the ATM of course they will know when to get in and to get out.
. . . never a good sign. Replacement CFO $80K/month (yes, per month) - that's absolutely crazy. If you are lucky you will see a bounce that will let you get out. Beginning to hear a death rattle.