nearly a $100 million in market cap as a result. Short interest is normal so this tells you that investors are unloading the turd. No one wants to touch this money pit. If any hope remained the shares would be trading north of $10. It will most likely be in the $6 range within two weeks on its way to zero. If you have not noticed yet the shares are trading exactly the same way ITT was before it dropped $3 one day from $8. Get out now if you want to save any of your investment.
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