RE:What we need Unfortunately the selling will stop when the selling will stop. For all those that dispute technical analysis, this is a highly technical stock.
Now for the fundamentals, We are now trading just above at cash (working capital) on hand + IRD, which is 2.40.
WiLan is worth $0.08 and shrinking. Typically we have seen bottoms in at these fundamental levels where it trades where WiLan is worthless or negative value.
That 200DMA or thereabouts seems a good place to call a strong support level.
But at these levels getting within a 5-7% of a bottom isn't a bad place to nibble.