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emperor3605

03/09/09 2:05 PM

#4061 RE: condog #4060

There are many possible reasons for selling including manipulation. I suspect the most likely reason is simply fear. As time has passed it is clear that the new administration has no sweeping plan to quickly heal the banks and credit crisis. Talk of tax increases and huge spending has convinced many that the recovery will be prolonged. Many pessimists urge going to cash, gold , or strong large caps. Day after day this can wear some to start the selling parade---then panic sets in---is there bad news. My belief is that nothing has changed---it will be 3-6 months before we know whether we made a great risky investment or we were stupid again. We need a construction permit, ppa with good terms, and a financing deal signed---until then we wait. I believe that it is likely that we will be rewarded but near term pps will be volatile and disturbing. Still long 500k shares.