10% owner HRT FINANCIAL LP net bought 11,882 shares (35.2% increase) amid 72.3% 90-day decline; stock down 96.0% from 52-week high.
HRT FINANCIAL LP executed 2 separate sales totaling 29,802 shares for $30,995.61 on Sep 5–6, followed by 2 separate purchases totaling 41,684 shares for $37,984.86 on Sep 9–10, resulting in a net purchase of 11,882 shares that increased the 10% owner's holdings from 33,754 to 45,636 shares. The buying occurred after sharp price declines: the stock had fallen 72.3% over the prior 90 days and now trades at $0.85, down 96.0% from a 52-week high of $21.42. The company's fundamentals show severe distress—it posted a $-4.3M net loss in the latest quarter despite $2.8M in quarterly revenue, with only a $677.2K market cap. The insider's cross-ticker track record shows 100% win rate on 1 prior buy (avg 90d return +5.9%) but 0% well-timed rate on 3 prior sells (avg 90d return +6.1% after sales, indicating poor timing), suggesting no demonstrated advantage in timing at this ticker or pattern of successful contrarian positioning.