Same happens with the longs, I guess. I get the feeling that alot of us who are still in (and think about it - "they" sure haven't been selling) can really make sense out of this - but it still hurts short term.
If you are a MM, and you have an opportunity to cash in / cover at these levels after R/S with this company? Sure you take advantage - but as has been said before - it looks pretty thin to 11.
We have said before that it seems apparent the float is gone - It has traded strangely obviously since the accounting event, But I feel great about this situation (just about) no matter the PPS.
Some smart, wealthy dudes in this game ;)
"The fact that people are full of greed, fear, or folly is predictable. The sequence is not predictable."
Warren Buffett
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