RE: Hey Ops9Thanks for the insight but knowing a stock is manipulated is not necessarily a reason to "sell and move on" as you put it. It often provides an opportunity as price has always been artificially supported prior to financing and when complete, the stock has always retreated (perhaps you remeber the $12 financing, the 1.75 financing, the .75 financing for example). Seems like a more reliable indicator then the fact that their stated objective is to be profitable, as that pipe dream has been floated out there for the last fice years.
You have a valid point in that the ideas are good but the fault lies in the execution. Unfortunately, the failure of execution falls squarely at the feet of a management team that is either incompetent or unmotivated. If their concern is to operate the company as effectively as possible to create shareholder value, then they have failed. If their sole concern is friends and family feeding at the trough, then they are undoubtedly a success.
Maybe a pumped up quarter will allow yet another financing/dilution and another temporary step back from the abyss.