I agree! That's exactly what caused this destruction for the longs. I guess the "market" is smarter than a lot of folks give credit. When the production levels as touted in many PR's were never verified or proven to be true on the DOG web site (and the market waited many many months for it), the "market" hammered TIV into the ground. I guess the "market" just had enough of many years of TIV publicly bragging about what they had, or going to have, or will have, without ever seeing any verifiable third party proof any of it came to fruition.
Bummer for the longs.
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