The market only does two things: overreact to fear and overreact to greed. Fear is stronger than greed. Its a jewish holiday today so we will hear nothing from Leo. The fearmongers will get another day to ply their craft. Go IPIX!
This may be true but I think what we are witnessing are vacuous statements made by amateurs. Repeating the same statements again and again soon grow laughable and then tiresome.
"Fear rules, however, and those who know how to stoke it are in their element."
Ipix can, is, and will be going bankrupt without a miracle. They have no money to pay obligations. Ipix is in deep debt. Don’t be surprised to see a take under. Leo will get a golden parachute while Ma and Pa get screwed.