Monday, December 28, 2015

WPCS undergoes major restructuring

WPCS International (WPCS) has been in a death spiral for the last decade, falling from around $2000 per share in 2010 to around $1.50 now (split adjusted).  That is about 99.9% of the market cap lost.  Amazing.

I suppose there's two ways to look at that chart.  One view is of a falling knife to avoid.  The other view is of opportunity.