TLS- how far will it sink? $4.00 a possibility

Does anyone here believe a move below the previous all time lows of $4.62 is possible?

Todays price action certainly looks ultra bearish, but will the previous lows hold this time around?

Is this a continuation of the big picture down trend that will inevitably result in new lows?


I think it is the more likely that we'll see new lows, than a double bottom.

A move towards support at $4.00 will give me a great opportunity to enter the long term calls i've being eying at a steal of a price.


I hope it tanks!

... and its current PE of 16x, combined with regulatory risk mean that the chances are very high that new lows will be visited soon.