I agree mdesai. It is quite often the case that one downgrade leads to another at some point in the near future, and then perhaps another to "clear the decks" e.g. asset revaluations, and other write-offs. I've been in this stock in the distant past and came out with a small loss after holding for a quite a while. I dont know how much management has changed since then, but reading these posts, this is a shocker ! The warning signs were there > few insiders participating in the CR, which is a huge red flag. Looking at this crazy chart, it is hard to predict where and when the eventual bottom might be. All l can say to those who are trying to catch falling knives > opportunity cost. DYOR.
MCP Price at posting:
$1.17 Sentiment: None Disclosure: Not Held
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