RE:0.80 is in sight.
Wouldn't be surprised to see .80 cents. Wouldn't be surprised to see .75 cents, wouldn't be surprised by anything here anymore. The more I think about it, I find it very strange that two CEO's have gone now, and BOTH have not opted NOT to stay on the board. (I'm assuming but may be wrong that they do not keep options when they leave, someone with concrete knowledge of this please comment). And why did he have to go before a new CEO is found in a TWO month search. Why not just keep him on till you found someone. And was it his decision to go or KRN's. I mean Robyn was gone just before the options were given and not a word from him since. WHAT THE F IS F"ING going on here. With all those shares you would think Robyn would have stayed on the board no matter what. Something smells toxic, what it is who knows. Is there something here we don't understand. Is there a dynamic we don't understand. Why is there no institutional buying interest at these levels. Why did institutions all dump their shares. Why no insider buying so far below cash. What is really being said and how toxic is the environment behind the scenes. The guy just became CEO, and now he's completely gone, what changed. What is really planned for the cash? The markets are irrational argument can only hold water so long. I don't think I have ever seen anything quite like this in all my years of trading, if you don't count the sino forests etc of the world. WPX, AAA, NPK, etc have all been punished but nothing like this. They all trade multiples above cash. What the F. If insiders won't touch their own company this far below cash with their own money, WTF. If nothing is wrong that we don't know about it would seem like a sure thing but it sure ain't trading like one. Markets are not usually wrong for this long. Just my opinion, good luck to all.