The stock crashed 93% in a day wiping out billions of dollars. On the phone with the analyst it became clearer and clearer that the company hadn't moved a significant number of units at all and now wasn't expected to anymore. Now it had 1.3 billion dollars in liabilities and net cash position of 85 million dollars.
"I know it all sounds pretty bad but what's the realistic downside we're looking at here?"
"Well, the stock could go to zero... the exchange has rules and regulations about the minimum price at which a stock can trade so... whether it continues trading will be up to that.
"I... don't have an upside scenario."
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