RS
posted on
Jul 30, 2014 12:40PM
The only bad piece of news that began this selloff is the RS announcement. Traders and investors alike saw this as a major danger warning. Since then the stock drops everyday as people bail out till something is revealed that makes it clear what management is planning to do. Shorts are in there and this thing is going lower until they come up with something to stop the carnage. Listing on NASDAQ may bring in buyers but at a much lower level after the RS. IMO