Well, I know you guys are wondering if I dumped this am... I did not. You can believe me or not, I still have not sold a single share since I started buying last fall. I am forced to sell over the coming 6-8 weeks because of financial obligations, not because of "weakness", nor a lack of confidence in the company. I will bleed my sales into some good days, sorry to have to do this- I really am. But I have also been one of the buyers who held this thing up during previous drops in price so I guess it balances out. This is an awesome company as I have always said... check out all or any of my posts. This is the only pink I am in and the only board I post on or read.
This pps share behavior is a case of overstating contracts and not yet delivering. It is a case of Manny raising expectations, and then Steve and EDS producing over-the-top hyperbole PR's which can only result in disappointment. It sounds like new management has a much better perspective on performance vs. expectation, and that they are following through on a solid business plan.
If people are selling right now it is because of a time-frame issue (they need the money and can't wait any longer), or they are in fact flipping and trading for better prices. I would add that the mm's are busy, and that Da Silva may be dumping too as we have no idea what he got out of the deal. Whatever.
If I was a new investor with a reasonable time-frame of about 6 months, looking for a huge multi-bagger, this price for this stock is ridiculously. I'd buy waaaay too much of it. Oops, I already did, at about 7 cents a share more than it is at now.
