west at it again, page-15

"There was a general understanding from the market and investors that the cap would have to stay under $7.50 for 4 months before the banks could do anything. "

The only people who cared about this were the shorters.
It's meaningless now thanks to Phil and the banks.

I too am waiting for the 'mining model model is broken.. their costs are too high especially with the price of oil.. small miners will go broke...'