PVM have shown their hand; they are sellers in the mid 8s and buyers in the mid 7s; the entire market is taking that lead; if fact, I think the entire market are not buyers at all, as they think there is an 8 cent cap; so why buy at 7.5 cents when the washers will not let it go beyond the low 8s; the best you can hope for is 10% gain over 6 months or so, but there is risk; LDX is a high risk company right now (I dont think so, but Mr Market will think that - the washers have put the fear of God into any buyer); any real buyers need to be really, really convinced; and on top of that there are not sellers in the market; the washers are creating quite the stalemate; they just hope the retailers will dump, bit by bit, out of sheer exhaustion (and they likely are... bit by bit)
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