Disappointed why? I'm not trying to be mean but are you looking to sell or do you need it up today in order to leverage the account with margin to enter another position?
Yes I have a major bill to pay for rebuilding our two story deck at wife insistence. Since we don't keep 10K in the bank I'll just sell but the higher the price the better (Held since 0.16/share). Small percentage of total IRA/NON-IRA but still if I have to sell when the carpenters start, waiting/negotiating on the permit the community doesn't want to give as planned. Originally scheduled for June. I'll still be long the vast majority of my Sirius/LMCA position.
Takes time. Has to grind around here. Can do that for a few days or even up to a week if it needs to.
The "trade" is sell / short $4 and has been for months now. That won't change until that's wrong. Read the comments from people "frustrated."
Longs who are frustrated, in my opinion, are looking for an exit. That's fine. But higher prices are not what is good for the company since the company is A) not using its market cap for anything specific and B) is in the midst of a share repurchase.
ANY "investor" who wishes to stay invested should be happy it has not broken $4 yet and should remain happy every single day that it does not, because your money, the company's cash and debt, is being used to repurchase shares.
Traders. Might be frustrated if on the long side and it has not broken yet. Investors looking to exit? Might be frustrated. Midas? Frustrated for... no reason...
Don't be surprised at normal volume. The stock didn't move. It just ground around in a range and pulled down to the 15 / 50 end of day as many stocks do 2 days after earnings. Generally that is looked at for a bounce... we'll see if it materializes tomorrow or if it needs to chew Friday and take the weekend...
Or if enough get "frustrated" and bail here to satisfy demand
Always a possibility...