Hey buddy, for a moment when I saw your name here I thought you are holding this.
This sp dive is really ugly and there seems to be no respite whatsoever , which is quite unusual.
I would get out if I sense something is not right as I did with this at 14c shortly after vontrader brought this stock to my attention. I also got out of 9SP and BUD in time with small losses before the continued fall.
Revenue is falling which is not a good sign and not sure if the Adcel acquisition is a sign that the company is struggling with organic growth (BTH doing the same thing as did CAT). But the concern lies in its large losses.
But if you ask me, perhaps not unthinkable that someone internal is selling small amounts, preventing the stock from being able to recover from oversold positions. Same experience there at 9SP.
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