RE:I think this is going to keep going downiPhilanthropic wrote: Not certain this stock is going up anytime soon. Bad news, if any, and management doing PP for less than CMV.
I think it’s going to go as low as $0.95 cents
Just my opinion tho
eom
Agreed, just looking at the chart, and the stock doesn't appear to be able to break above the 20DMA. Also the MACD appears to be rolling over and heading down, which would indicate further selling pressure.
If the recent low at 1.62 breaks, this could go down a lot farther.