To all the arm chair traders who think just having sentiment is enough of a thrill. Boring.... get hobbies.
This stock has been monkey hammered and for good reason. However they have ticked most of the boxes that accompanies this sort experience.
1. Deny Deny Deny check
2. Mea culpa check
3. CEO resignation check
4. Choose successor with some gravitas check
5. Purge the Board check
6. Independent Review check
7. Reduce the overheads/fire people check
7. Gardyloo Bring out your dead check
8. Change the model /culture
9. Get back to your core
10. Announce good news
If your hanging around nit picking at $1.80, where were you at $14 because that would have actually been useful to me . Topside seems the vulnerable side. Good luck to all those prepared to thrust it in the custard.
BLA Price at posting:
$1.85 Sentiment: Buy Disclosure: Held