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Re: The Whale post# 29214

Wednesday, 07/26/2017 10:50:13 PM

Wednesday, July 26, 2017 10:50:13 PM

Post# of 52915
This has been overvalued based on hype for a long time. It's just correcting now.

Question is whether it will get back to a reasonable valuation, which will be in the low single pennies.

Eventually, that will be the case, but it may take another 1 or 2 10Qs to get there.

When you think "there can't be that many people falling for this", remember the Bernie Madoff story and recall that over $50 BILLION of smart money fell for a great story.

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