RE:RE:RE: Preliminary Q1 2022 Consolidated Financial Results Remember this Astute?
You thought the Apple settlement would be a catalyst to $3.00+ / share. You must have bought more of this dog and that is instigating your recent psychotic tirade.
Instead the stock - as I stated - is a sell of anything above $2.50. It then proceeded to trade $0.02 of a new 52 week low of $2.05 a couple of days ago.
The next step is below $2.00. I guarantee it. It will then hit its low over the summer as I previously stated.
The stock tagged its 50DMA on lower volume yesterday and fully recharged the RSI to 50 on an intraday basis. That provides the ammunition to a short term technical target of $1.80.
This is a bear market. Bear market rallies happen. Then they roll over and grind away optimism and confidence.
This stock has traded below its cash on the balance sheet on three separate times in the past 10 years. It will happen again.