1) you were wrong....2) you were still wrong...it doesnt matter how many caveats you toss in here and there...at some point you have to stand behind what you are saying...otherwise, it meaningless..
ill bet anything that if news had come out, you would be patting yourself on the back all over this board for being right...
"IMHO the real underlying problem here is that most show strong signs of being very overextended on their investments"
ah yes..from the handbook of "im never wrong"...as a last resort, throw up a smokescreen and start pointing fingers in several other directions...
"What the traders (and that includes those so called "longs" that "trade around a core position") can't seem to grasp is that when you hold long (i.e.: really long with no trading position) minor delays are really inconsequential"
its not just traders that dont understand that concept, its pretty much any investor or any one with enough brain power to see that your investment is going down by double digit percentages...
now while i agree that some investors with more than enough money to burn(buffett for example) might look at it that way as well as hedge funds and such who are using other peoples money, i absolutely guarantee you that none of them will agree that is the right thing to do in regards to pink sheets...
none of them..no way in heck
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