I do not agree with you on this.
Time will tell wether it was a good or bad decision to sell the shares at these prices. Although things seem to look better than before, bottom line there is still nothing concrete.
I don't like it either to see PPS going down, but the fact is that in the last few weeks we saw the bid drop from 6 to 4. At 6 there were these messages like " this is the bottom", "look at the bid support of 50.000.000" etc. etc, at 5 again, and probably there will be the same messages at 4. Fact is that the previous "bidsupports" didn't mean a thing. A 6 dollar! buy at 0.0006 while ringing the closing bell doesn't change the situation. If anyone should be called stupid, than it is the one who bought 9.500 shares, costs of transaction are higher.
So, without news and realistic chances of dilution and still the threatening of a RS, PPS could go lower.
IMO
Wish you all the best and good luck in whatever you decide to do.
Loet
