@gpap think we will trend sidewards until the next earnings call. This will be the "make or brake" point for the share pirce (short / mid term). If we see some positive updates on cost cutting & revenues we will see very soon 12-15$. Everything above that is simple guessing.
After this management will have to show if they can deliver business execution through the next 3-6 quarters. It will be a very interesting play.
Midyanyy
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@gpap well the weekly chart looks very interesting. The market seems to be frozen, the volume is going down - everybody is waiting for the next earnings calls. Very tight range aroung 5$.
Mike_Geraci
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Why do you see that being a bottom?
Gpap90
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@Mike_Geraci gap down with big volume on a downgrade!!!
After this management will have to show if they can deliver business execution through the next 3-6 quarters. It will be a very interesting play.