Bizarre this has bounced right back. I can only imagine its the...

Bizarre this has bounced right back. I can only imagine its the "Pie phenomenon", ie you get a nice ride on the way up when they they're accumulating and from their followers when it becomes public, and you get some nice downside protection as long as their inv thesis hasn't changed. That was basically my thesis for getting a few of these about a month ago but I dumped them on the ann for a 12% loss. I understand the deferral thing but dont like companies that can miss their forecast by 40%, especially a prospectus forecast.