Good news is that company is launching new ship in next month worth 20 million dollars so that could mean a lot of price adjustment.
Looks like NEWL was a target of a naked shorting by hedgefonds, and Nasdaq stopped trading until it clears things out. If that is true and a stock was naked shorted, on opening we could have a Volkswagen short squeeze from 2009 situation or VRML 2009 situation. If that happens i wouldnt like to be in a bears skin.On their last 6k report after trading stop they stated that they have cleared all their debts to Hanover and other lenders. That will have a huge impact on NEWL. Any way well know everything for sure on opening on Monday or Tuesday.