RE:RE:Market not recognizing cost reductions in ATHmlcb12345678910 wrote: I agree, only this Mgt. Team can screw it up at this point. Like WCP, they need to follow the "Nuttal Doctrine," which means putting the emphasis on the rewarding the current shareholders asap.
Another Mgt error is to put this "Oct 22nd update," so close to Q3 earnings release. The release has to be good news and meaningful or we can see more weakness. The fact that we are down 3 cents is telling. I am hoping it is just the shaking out the weak hands. As for me, I am in for the long haul (hopefully, not too long) and would not consider selling until $1.50.
telling of what? Name has rising from .94 to 1.14ish in 2 weeks! I'll take it! Name is consolidating a bit here, which IMO is very healthy. Cools down the RSI a little, MACD is still intact and we create a new support level. I am perfectly fine with this, and folks in it for longer than a couple hours should be as well