I've cashed out around half, and the rest has a stop loss set...

I've cashed out around half, and the rest has a stop loss set around $5.50, which could be on the cards.

Generally speaking, it is almost impossible for companies to break out of heavy downtrends such as these. Look at APX, KGN and A2M. So there is a real chance that Phil could be on the money.

Guess it's worth waiting for the next quarterly, but I'm not holding my breath. They need something extraordinary to restore investor confidence.