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Re: Palmer032 post# 159640

Wednesday, 04/16/2008 12:15:05 AM

Wednesday, April 16, 2008 12:15:05 AM

Post# of 246683
Well the only reason I speculate such is that I could never understand how these "planned dumps" of tens of millions of shares were orchestrated such that they would not just totally sink the stock.

I know others will say "well look how far the stock is down now" but when you unleash up to 12,000,000 shares in one dump and the price remains the same - something is definitely UP! Heck, everyone is screaming that there is no one left with any powder - well then what white knight is soaking up these hits??????????????? SVF??

I think the book value of the holdings is down to $160,000 or something like that...with an unrealized loss of $590,000 that is about an 80% hit...haven't I heard everyone talking about how the stock has dropped 90% of so since it's hey day?