Great post, and makes sense! I guess I am guilty as well after the last few days of MINE trading. Nobody likes to lose money, especially at this rate even if it is just on paper.
However, your post does explain what is more than likely happening and hopefully in the near future the market will take over and drive the pps back up! First we need to gain investor confidence back, and the soon to be posted 10K just may do this for many! Let's wait and see.
Good Luck!