The company was trading at 4-5 cents for a very long time (IPO at 20c).
Then they paid Red Leaf Securities to issue a research report with a price target based on announcements that didn't eventuate, and share price went up to well over $1.
The report ended up being retracted by the company as it was wrong and coudlnt be relied on (they still paid Red Leaf for it), and the share price has been in sharp decline since then.
Every time someone tells you that its a great solution and works really well - ask them "when was the last time you used it?" the answer should be "never" as the app isn't available any more.
All of the above is factually correct.
MYQ Price at posting:
36.0¢ Sentiment: None Disclosure: Held