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Monday, May 31, 2010 1:31:02 PM
For the pps to suddely be valued at $3.00 a share would in my opionion be devestating to all investors (if you divide you current shares by 33 and now own a third less shares). I know this stock traded at $3.00 when it was first offered, but it very quickly fell to sub pennies relatively speaking and has never recovered. Today...the company is in a much better long term position (based on current expectations which have yet to be confirmed, but is expected with the next and subsequent PRs), but I do not believe for a minute based on our current knowledge the share price can be supported at $3.00 a share. Which, over all spells major losses on projected gains for all investors short and long term. For me the loss on projected gains would be staggering.
So, any thoughts?
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