Feel bad for the longs that stayed with this stock since last earnings. I was fortunate to get out in the mid $60s and am still not convinced it's found a bottom. May be close, perhaps low $40s.
On a major announcement perhaps or an earnings beat otherwise it continues to flounder. Sellers have been in control since the last earnings report.
It's down in a down market and flat in an up market. Any rally attempt is met with selling. What else is new? They need a corporate shake up or acquisition for this to see $40s again. Even analyst upgrades can't do it!