Well Vader - I can't answer your questions.
You would have to ask the "PP people."
However, I always like a good debate and would ask the following question of you "were all the PP people who took the placements at much higher levels (the most recent, before the 0.85, at $1.90) also aware of the items you question?"
Additionally, Reg FD prohibits the disclosure of information in the selective way you have described. Are you suggesting that WAVX has violated that regulation? I don't believe they did.
Published records of the big players in the mutual fund industry shows they also consistently underperform the general market. (I hate mutual funds anyway.) So following the "big money" has not proven to be a successful strategy.
Debate welcome.
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