nicehit: I strongly disagree w/ your assessment and general sentiment of gloom and doom I'm seeing exhibited by usual suspects on this board (that has been ratcheted up a few notches this week, I'll add).
We were "smack in the middle of something hugh" the first half of September too when the price severely, and quickly, dropped to .0038/share....were we not???
Remember what happened then? A 77MM buy block goes through at an unheard of 50% value of the ASK at that time then the price over the next few weeks rockets up about 500% or so as the news of what was going on behind the scenes was brought to light.
C'mon folks! You know this game is played out countless times in pennyland...relatively quick big pullbacks followed by subsequent major rises in stock price followed by the news to justify the rise (then selling on the news...well, that's just a market generality...happens countless times as well...buy on rumor, sell on news).
I'll say it since it hasn't been said around here in quite some time...
"Know what you own".
Why to you think I'm not so stinking pessimistic about what's happening w/ the pps right now.
Now of course we can't know everything but, why people get their shorts in a bind when they see this played out is beyond me.
We're all in the same boat here (well, most of us anyway) and we're all seeing the same thing but interpreting it differently. I guess that's why some steer the ships and some swab the decks.
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