RE:BuyingWell said. Totally agree. Take a closer look at the financials, the marketplace and trends, and listen to this morning's call.
locoocho wrote: I sold my position when this got back into the .30's but was watching close.
This is the time to buy a stock. The market is over reacting to sh1tty financials.
This happens a lot. If this even touches the teens I will be loading up huge and if I can get it for .20 i will start buying.
In 3 months this will be back to .50 mark my words. and you will have more then doubled your money. At the VERY least it is back in the 30's and you made a decent gain.
Buy when blood is in the street. There is not way this stays down, Either they sell the business and everyone gets a nice premium probably 50 % from current price at the least or they start becoming profitable and this is above .50. But the company has fixed the problems and anyone who was not in cash for an opportunity like today that was very obvious about to happen missed the boat.