Its funny how now the chants of "suspicious behaviour" and "down ramping" starts again. The same poster saying the stock is going down due to shorting when approximately a million shares have been shorted in a company with a billion on issue and thats traded 15 million in the past two days alone. IMO that argument holds no water.
As I've said over and over I read all threads relating to my own holdings all of the time. I make a decision and stick with it. I do no see the need to try and pat myself on the back every day to feel good about any of my investments. All that does IMO is contribute to delusional decision making and convincing oneself that they have done the right thing when in fact they have done the opposite.
@Sunny Boy
I don't love it when it drops, in fact its saddening. There has been some incredibly good posting here from non holders who have anticipated this share price fall because the reasons for which IMO have been obvious for quite sometime. But rather than listen with an open mind "the tribe" has done nothing but try to drive them out of town so to speak and in doing so IMO contribute to giving people a false sense of security in what they have invested in.
And a number of these well known posters seem to have completely disappeared.
IMO a CR is a mathematical certainty in the near term and I've cited my reasons for it.
As for other methods of raising capital well please enlighten me because as I keep saying there has been no debt raised in this sector to date. A convertible note will surely not end up well for share holders. What are the other alternatives?
Believe what you want to believe because again, non holders can't sell stocks down because they don't have any stock to sell and this stock isn't readily shortable. So the only sellers are holders and going by the volumes over the past two days IMO there's some reasonable holders who must have contributed to this recent sell off (not to mention the selling since the release of the PFS).
So why are they selling?
(20min delay)