Frank, in a private email to me, you said, "Sure might explain how the share price arrived here but does not effect where it may go. Last I heard stock doesn't trade on what happened in the past but what is anticipated to happen in the future. So with both those parties gone they have no further impact on the future.
Basically saying those events brought the share price to this level but no one is going to sell now based on those events you seem to want to revisit over and over. Just as they are not going to buy revisiting the Russian announcement. Only thing those events may add to the current circumstances is caution but with the individuals gone that you are harping on , that caution is not as big of factor as it wold be if they were still involved.
Anticipation of future events both positive or negative is now moves the share price."
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In reply to your email; You and I go to the racetrack. In the first race, there is a longshot horse named Huff'n'Fluff whose odds are 120 to 1. He's run 10 races but lost them all:
In his first race, he threw his jockey.
In his second race, he stumbled out of the gate.
In his third race, he couldn't pass a young philly.
In his fourth race, refused the whip, throwing a new jockey.
In his fifth race, he came down with Hoof in Mouth.
In his sixth race, the owners entry fee check bounced.
In his seventh race, his owner couldn't pay the stable fees.
In his eighth race, had new owners but no racing experience.
In his ninth race, judges charged jockey with rough riding.
In his tenth race, owners couldn't afford silks, blinkers or saddle.
Huff'n'Fluff is going off at 120 to 1. Given the results of his last ten races, do you think that would be a safe bet? You might love old Huff'n'Fluff, BUT THAT ISN'T THE WAY YOU BET THE RACE.
