"They have finally released some of the results which are fairly decent"
You have answered a lot of your own questions with this one sentence....
People dived in due to the unbelievable amount of pumping that took place on this stock mainly when Eas was announced as the guru marketers.
But considerable months later and with some setbacks the results have come back as only fairly decent...
In a time when oil is on its bottom you have to ask yourself, is this product going to knock down and bowl all the oil frackers that's out there, will they be ridding there old suppliers for a product that's only fairly decent and take the risk on only a 30% discount to what there on....
The market has quite clearly given its answer....
There might be a pip or two left to trade in this but any volume pump people will be looking to exit and most people's break even is 7-8, so it needs Eas magic now just for people to break even.
Poo is where it is for a long time, the results had to be "bonanza" and save companies 60-80% to be viable IMHO
Did the ceo have to raise so much and dilute the stock.....looking at it now he knew he had too, because he wouldn't have that chance again...
