Q2 Explains The Lack of Trading'Bin watching BYL over the last 6 months and wondering why the price has been diving, and the trading volume has all but disappeared as of late. I know its tightly held, but not this tightly held.
Today's NR answered the question. The Q2 results were abysmal. Inventory write off, shrinking margins, lower sales, vietnam facility delayed, and its future viability seemingly in doubt. What else could go wrong?
The only good thing was the Chairman putting up to $10mm into a proposed PP. He's got a ton of skin in the game, so he must see better days ahead. No?