Originally posted by WallStChihuahua
I've personally always viewed this as a lottery ticket as far as odds of it coming off are concerned.
the current situation isn't surprising, and shouldn't be to anyone.
I don't think there's anything sinister going on. Just a handful of guys that were repeatedly far too optimistic. Over, and over, and over again. They're now in a situation where probably even Fred's mates don't believe they're going to get it done. I'd imagine raising capital would be incredibly hard if not impossible for them now, but could be wrong.
I think they're cooked here. But I've still got the ticket just in case.
charts don't look like this did prior to suspension if everything is ticking along nicely.
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