I never said the letter caused the decline, I said the news did. Obviously someone knew what the letter would say in advance and didn't like it. This isn't me saying it, its the share price.
Now, for those of you waiting on good results to cause the share price to jump (of which I am included), the release of a letter from the CEO stating he didn't know what the heck was going on, is DEFINITELY a negative (for anyone not understanding jargon).
If you look you'll see I predicted a nice opening up this morning followed by a dumping of shares, and at least so far, this is happening. After hours trading is always inconclusive of anything.
I can keep giving you people useful information to how the market works, but its very tough here to find people who desire to learn. You people think you know it all OR are listening to the wrong people.
You guys can claim all you want that "shorty" is the reason for the stock price drop, but if news is good, shorts get killed.
Bottom line, that guy who posted earlier that he won't sell no matter what, has probably dumped a bunch of shares and doesn't want to cause a panic sell.
Just my opinion, of course.
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