looks like another pump & dump...the numbers are all negative for many quarters and not sure whether anything would really change by the next earnings call (believe on March 1st wk). Also, reverse splits are historically short term pumps. 1.7 to 3.6 in a few hours for a company with very weak fundamentals is shocking.... Be careful to go long...as the glory can be short lived.
do you think it is because of the reverse stock split they issued on 1/25/16?
Is that the only reason it is going up?
@tjwarren25 no, its up on news of a new product they're launching sometime mid Feb.
looks like another pump & dump...the numbers are all negative for many quarters and not sure whether anything would really change by the next earnings call (believe on March 1st wk). Also, reverse splits are historically short term pumps. 1.7 to 3.6 in a few hours for a company with very weak fundamentals is shocking.... Be careful to go long...as the glory can be short lived.
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