February 04, 2013 01:57 pm
Michael Bailey's rather "pathetic" attempt at a takeover of Nautilus early January, did nothing but destroy any slim amount of credibility he had as a professional investor. Now the stock is back to trading on its own merits without the fake valuation Bailey tried to place on the company with his $1 + share price offer. Something oddly delusional about that entire process he launched with his own press releases, etc.
I am noticing buy orders rebuilding in the low 40 cent range so now we should begin to see short term support in the