@mdesai I agree. I'm not convinced that all the bad news is known yet. And there does not appear to be a plan with what to do with all unsold inventory. Or how they are going to grow earnings back to previous levels. From a technical POV, the chart is looking very weak. The dead cat has bounced and the SP could be heading lower if it closes under $1.20 today. Not saying this is a bad company, just that perhaps there is more pain to come. DYOR.
The MCP dump, page-20
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44.5¢ |
Change
-0.010(2.20%) |
Mkt cap ! $64.05M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 44.5¢ | 44.5¢ | $4.319K | 9.705K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1150 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 22372 | 1 |
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