Showing No MercyBig volumes are being traded. 1.8 million today and 2 million shares on Friday.
The stock is turning over at this artificially low price IMHO. People are selling but there are people buying those shares too.
Still lots of speculation out there IMO. At $100 million annual revenue and sitting on .80/Share in cash that leaves 50 cents/share that the market is valuing for existing & future licensing prospects?
I just can't see the SP stay here for very long IMO. It is way under-valued. A big part of the problem is nobody believes JS anymore. He needs to deliver on the numbers. They should be able to maintain $100+ million in revenue and grow from there..right?
The stock has dropped too far too fast IMO and the vultures are swooping in for easy pickins.