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oceansorcas

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oceansorcas

Re: None

Monday, 10/16/2006 7:22:54 PM

Monday, October 16, 2006 7:22:54 PM

Post# of 169275
Well, I am happy with today's events
because I believe they solved the Archilles heel in the $15 reset - the fact that $15 could easily drop 66% to $5 or less on day 1. At this very early stage couldn't see how CSHD was going to support $15. I think any possible selloff on Nov 1 will be much less on a percentage basis than would have been the case with $15. Nov 1 is only 10 trading sessions away. We've seen 30-40% drops from the $2 range many times before and Nov 1 will just be another imo



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