No news about a stock split? Looking at the chart, it could be bearish. That kind of thing happens in bear markets.
If the company's "major product" is (1) buying USPS stamps/shipping at wholesale, then (2) selling the same to the public at retail, how much profit margin could there be? How much of a multiple would be justified? Seems much of the "market" works the same. So long as the "Fed has got this", don't be surprised by more of the same.
it has been a very long time. as I remember the public could create their own stamps to send through the US mail. that was the basic of the contract.
They were actually one of the original dot-com babies. They ipo'd at around $30 and in true dot-com form, ran to $180 in less than a year. A year later they were $6 and pretty much stayed under $20 for the next 12 years. Tough old stock I guess. Back to the $20's?