Himmler, I am also a long term investor in AUM.   I think  recent down turn in AUM has lots to do with its $30 millions financing (dilution to the shares at its uptrend).   Also the company's $57M goodwill write down made its Q3 numbers looked bad.  However, I believe we have seen its bottom out at $3.50.   Today, it touched its 10 days MV Avg of $3.81, and it will test 30 days MV Avg of $4.17 next.   Good luck.