RE:RE:RE:RE:Catching a Knife?Fraud? Corporate malfeasance? Those are pretty bold accusations to be making.
Maybe it does take a year to turn it around but at the current risk-reward potential I'll still be buying.
truthseeker2012 wrote: Confidence in management is gone due to corporate malfeasance. Yes maybe in 18 to 60 months things will turn around, but who is to say they won' t make another Innocutis type deal & increase their exec pay checks again?
There are no buyers that is why the price has not dropped everyone who wants to get out can't.
Who wants to wait at least 18 months for a turnaround? Unless they do new deals that are actually good & or management cuts its pay by at least 50% and or there are management firings, no one will buy.
If there is any buying it will only help to provide some liquidity for those who want out, which is pretty much everyone now. So any buying should actually help the price to drop further.