RE:RE:RE:Short InterestAs a good one as well. Stock trades at less thatn $5 USD. It's heading for penny stock status in no time. Watch and learn people.
Craigbad wrote:
In my opinion, there were alot of shorts who took stabs at trying to play a deadcat bounce or short term reversal and lost out when it didn't come. There were people on this board who covered and went long at $12-13 expecting to go short again at higher prices. The effect that the 6.4 debt to ebitda has on the stock wasn't something they factored in and is much stronger than a technically oversold condition. You need money managers on board to give a meaningful lift to the stock and if they can't buy it, it will just be bounced around by traders looking to make a few cents on an upswing before dumping it again. It would be nice to see an upswing in the stock so people could recover some losses, but i just don't see much good news coming, but lots of potential bad news. I expect any fund that owns this will want it out of portfolios by the end of quarter.