Post by
woundedknee on Aug 16, 2021 10:18am
I think
The Aug. 3rd announcement was a total shock to the market and there was a lot of scrambling to save a few bucks. And as the market works its ways they drove the price back to the point where there was no more, so the losses were reduced and now conceivably this could go back below a buck. Whether it does or does not is a moot point because in my humble opinion management has a lot of work ahead to build back trust. A lot of brokerages got sideswiped, along with many private investors (like myself) and that takes some doing to correct. The cash on hand means diddly squat and this will have little effect on the sp. Again jmo and hope this can recover.
Comment by
123ABC on Aug 16, 2021 10:40am
Yup, i've said before that science will have to overcome management incompetence.