SOUM. Sure, the wool was placed over my head. Developments surprised me. I support the "shifty" method used to undermine the loyal investor's stake. It was purposeful.
Yet I still see a silver lining...true, I may be duping myself. However, I do see SOUM as a viable holding. I do see promise from what I have gleaned from existing DD that provided a glimpse into the "future business plan".
My holdings are substantial and, on paper, I have lost substantially. Recovery is my only hope. Some here see no hope for that to occur. I disagree.
IMO, it all depends on how the R/S comes down. Initially, the pps will rise proportionately to the reduction in O/S as a result of the R/S. Thus, current 'value' is retained via that "new" pps...but for how long is the real question right now. Nearly instantaneously the market will respond either in support of the new pps OR value will drop accordingly if not. It all depends on the release of NEW information.
If nothing, the new pps will surely drop...IF coordinated news is released that the new pps, the investors begin the process of recovery.
I wait. OF COURSE, I see things happening in a positive manner!!!
