Do you think Doc Seymour would be open to the idea of doing a fireside chat where he could update the shareholders of the recent accomplishments and possible upcoming events.
Don't know why people would anticipate that a company with no income other than raising money would be going up while the whole market of profitable, product selling companies are crashing down. The economy is not doing well and people are hanging on to cash. The traders are shorting the market cashing in on this potentially long term trend. Every day we're seeing the market go red so until we see a reason for the market to turn higher, it would seem natural to see weakness with stocks unless there is specific market shattering news/breakthroughs. We're all going to have to hang in there or give back some stock and wait for a lower re-entry pps. Can't blame people in this environment.
Doc, I haven't looked close at the PPS the day(s) after conversion, but I tend to agree that they haven't sold out FULLY from each conversion and are likewise "under water" along with anyone else who's bought and held over the past months. Misery loves company.
Only thing I can hang my hat on is that I don't have near the amount of shares in this company that I plan to have. Where's the floor? Certainly could be a lot lower in % terms. But I do strongly believe that fundamental progress continues to be made...which ultimately will "save us!" We can all guess where and when to get back on to add shares...any guesses...anyone?
You can bet on that Seaside has been shorting the stock from over $2.00 down, not them directly, but their offshore friends. so, they are in the money on their short position, count on it.
Better hope some money comes via another avenue then from Seaside's option, especially at these prices.
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