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Re: CaliMansion post# 12457

Thursday, 10/25/2012 12:20:46 PM

Thursday, October 25, 2012 12:20:46 PM

Post# of 68424
I have Bball on ignore, but here is why $2.80 will not happen.

If the PPS went that low, then the risk vs reward is mitigated, because the downside from $2.80 to let's say $1.50 if we lose is not that much risk versus a win in court that conservatively would mean $7.

So if by chance the PPS did dip that low it would be bought up so quickly. I think we have seen the bottom already (pre trial) at about 3.40, so BBall as usual is wrong again.

In fact as we draw closer to a verdict I expect the PPS to move upwards as more and more speculators nibble for a VRNG win and nervous shorts close out.

This is all IMHO