Looks like more loss' to get out quickly. Shorts are killing it due to managements inexperience in stock tranactions, and credibility.
Fong said it, We are equity trading on book value. Very bad plan as trading on current share price and stabilizing the reputation , is fore front. In review, raising the SP and then using that as equity placement is the norm, and Wall Street needs the valuation to be stable and not a short maker hedge personal ATM machine, in a very short (get it) time there will be very few investors left, which may be managements plan. Just Saying.
THIS Company and Stock is textbook, in what not to do. EOM.