GTW: Generally not a good idea to chase stocks under $5. At the same time a true seeker of turnaround stories.Perhaps speculation but this overdone, beaten up, but yet liquid name offers something on the table.
Defined exit persist around $1.5 – but an attractive chart given a positive tech sector outlook.
A high beta name, with potential surprise move. Early signs of management changes pending as the market reacted to newsflow.
Ahead of analyst estimates – attractive technicals- insider buying – and a long bias in tech.
Worth a high risk shot here especially after a 6 year downtrend. Cycle turn can benefit the name.
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