BRS stock crashing

[RMK]

Having a look at BRS, this company should be taken private. Trying to discern some meaning or insight from the stock price (at this juncture) is futile. It trades on technicals not fundamentals; in brief, it’s become a “playtoy” for professional traders and without meaningful movement in EPS will remain so.

Industry professionals are absent here; there’s barely more than 1% insider holdings of the stock. The rest is institutions and hedge funds (mostly institutions) who will wash in/out of this stock via computer generated signals/trades.

Debt holders are the effective owners of a company; equity holders are just along for the ride.




Converted to a candlestick chart with 50day & 200day moving averages