When the night seems so dark that one suspects there will be no morning
well that is when we start moving towards one.
Worst case scenario here is we consolidate here till the confirmation comes.
It was a zero or hero scenario before. I think all management mistakes, huge capital destruction priced in. So is the lack of trust on the ability of management to deliver on approvals and margins etc..
When the surprise happens, bulls get rewarded many fold.
I am biased towards zero to hero scenario. Thanks to
great mamangement for sleeping
on the steering wheel
and taking no corrective timely action to protect the company
and its stakeholders.
SOLE reason could be big ego and or lack of wisdom to own up and cat in a timely manner..
MYX Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held
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