Conference Today5pm eastern time I believe. somehow I happenned to misplace my sign in info.. this conference likely puts investors minds at ease addressing the questions we all had as the stock plummeted... My gut tells me we got shorted by the non friendly Hashoff group .. My suspicion iand my suspicion only tells me they have a broker that got in onthe action and had enough shares to short and continually dump fullfilling their dream to crush this. They had the shares to bring this small float down as they shorted on the way.. when it was in the 70's I could feel it and because of being green baited myself.. what chomped was I feel the ceo buying sent the wrong message to many causing buying when we know it was more about selling that we were up against. Hope soon fizzled and turned to more than frustration but a lack of trust.
Once 25 broke it was all over as it so often is on pennies.. 25 is a pivot that takes you right back down to where it all starts below a dime.... generally these shorts are covered thru a PP .. generally..
so here we are rebuilding and able to buy at the same price as seed money.. so we try to forget about the past and deal with the present.. If you take twice what you once owned and tell yourself why did I buy at 30 if not 50 why am I not convinced to buy at 6-7??? the contracts that came thru the door this past year gave me that confidence.. Now with the PP in a quiet period and comfortable it is covered i say don't lose faith but do increase your postions.. For myself, and a number of friends and family we averaged down and the fortunate merely got in low.. This stuff works for and against you... At these prices if it weren't for pure manipulation and a fearful market you would never be buying at these prices. It is what happens when a market maker works you over hard and long enough to lose your confidence.
This same action will happen until the PP closing gets announced.. The MM will play you to cause doubt as they accumulate.. All I can say is do not sell them your shares but take shares away from these shysters...