Yes, I think the SP will hang around this price for some time. +- a few cents. That's fine with me as I can go away and ignore it for a while. Like other stock that has flatlined in the past, there will be a time when a sniff of postive news will cause an extreme reaction.
I.e. BSL flatlined for over 6 months at 40 cents, got dumped to 26 cents, then some positive news propelled it ever so quickly to 3.5x that low value, and the company was still running at a huge loss. Currently near $1 (x6 equivalent due to consolidation). In the meantime, a few cents each way is only going to satisfy the HFT crowd, and the shorters will be short changed.
Best we all go on a holiday from HC and come back when Eric has his pipes and dirt in order, unless your business is trading.
LYC Price at posting:
39.5¢ Sentiment: None Disclosure: Held
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