No it was based on the drop in PPS, the huge divergence from trend, and the responses being little to go on. I am still hoping that this is a good investment for by the looks of the overall market right now we need as many as we can get.
But I like MANY others are shaken by the HUGE price swings, that can work to our benefit if we buy in lower AND the effort does actually present itself as worthy of a rise in price to better levels than subpenny to .02. Hopefully it will be worthy of that for I spent some time studying it. As it is now someone playing with the curve in whatever direction they want gets old to watch.
There still is the issues of huge mgmt holdings and increased holdings with the financing AND the fact that like I said this is not a new effort and every effort at least starts with a good design, we have not been made aware of that design really. If it was a good design they would be proud of it and be touting its advantages. It also feels like a lull in trading activity thanks to the downturns recently.
This thing could skyrocket starting monday, thats how the market works we are never certain, but if it falls further I am out and will start to look for buy in points whenever they emerge.
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