Although I agree with you in the longer term; I expected a better deal for shareholders for this round of financing. If YRCW can stabilize its finances and start turning a profit, then we can see pps climbing back up. I guess we'll just need some more patience.
Everything you say is absolutely true. I don't think anyone would deny that. However, perception is everything.
If it's going to go down, I hope it's quick and hard so it can start working its way back up.......... and it will. Cheapies are coming. Be ready to snatch them up.