RE:RE:Phone CallI think their burn rate and the potential need for financing is definitely the problem here. For the vast majority of the last year-plus, Namaste has traded at or above current levels so there just aren't that many 'regular' investors that purchased shares at levels lower than we are at now that can be making money selling at current levels. The only people that would be selling here are shorters and those that got their shares through financing at lower prices (and would perhaps be the same people in on any new financing coming up so they would be selling here knowing they can buy their shares back at lower levels).
I am not saying that a financing WILL happen, but from what I have seen lots of other small cap stocks do, this LOOKS like a financing is coming, and coming within the next few weeks. I certainly hope it doesn't, but I don't know of any other way to explain the downward trading pattern when all that comes out is good news and new partnerships.
If someone else has an alternative explanation, I would love to hear it.
BB