And these guys laughed at me for being a downramper after they...

And these guys laughed at me for being a downramper after they bought at $12 and popped champagne after a dead cat's bounce to $15.

This is one of the most unprecedented incinerations of wealth I have ever seen in my nearly 20 years of investing in markets.

I feel sorry for the wives and children of the people who invested in this company as they probably don't know how much money their significant other/parent has lost in this pit of doom.

I'm expecting $5 next - this is going the way of Platinum. It will plateau at a level when all the "smart money" has left the room with only a few billion being left in the Magellan pot by disinterested investors who don't understand what alpha and underperformance means.