Pitbull, I can't entirely buy your comment "dumas really did dwarf huff with the optimistic lingo" because Dumas entirely shot down (indirectly) Huff's projected (to DJ) "Q1 break-even." We know (from Dumas 3/31 SH letter) that Voip, Magic Money, Wireless and Strat are all net loss @ 3/3l--and there's no way (imvho) CenterLine is going to compensate enough in Q1 to carry the other 4 losers. Q2 much the same for Strat, Voip, Magic Money (if lucky, MM to BE since Dumas projects pft in Q3). Ques is what will wireless provide SH in Q2, since Dumas states "at moment, our leading contender for near term pft on signif scale." I assume this means Russian deal still very much in contention and Mexico? Germany? (hopefully) next........Also, in play for Q2 is Centerline gross pfts--where will we be @ 6/30 in relation to Dumas anticipation of $500-750mm per mo by yr end?
This is why pps down and shorts cont to feel confident to add or hold their pos.