I don't foresee a turn around until the company tells the investment community something good. Personally, I don't know why the stock climbed up from $6. There is probably no good news about this quarters earnings, and people with inside info are trying to dump before it comes out. This is only my guess. Mossimo has a history of pre-releasing earnings info, so don't be surprized to see some news.
I saw an article that stated a 33%+ growth rate for "branded" active wear, but Mossimo was not even mentioned as a player let alone a leader. It's a shame.
Try some of the Y2K stocks. I have been doing pretty good with them. It's a growth situation.
Hope MGX falls a little more so I can avg. down. Good luck! geoff