People failed to see -- It is not the small end of Town which sold - it was the sophisticated holders which sold. Hundreds of millions..
I can wager with anyone - most small holders are still in - or holding on majority of their loot.
a few smart (?) ones might have bailed... as for the CR at 8 cents for the existing un-sophisticated holders -again i am sure majority subscribed. A few of us didn't.
So basically the big end of town has cashed in and the small end got shafted on their holdings as well as their soon to be minted shares priced at a princely 8 cents. And maybe even a triple whammy when they find out their allocation.
So stop barking at the wrong tree.. we might winch a bit but most of us are still holding to the baby for some crazy reason -- no stop lost? blue skies forever?
NOR Price at posting:
6.6¢ Sentiment: Hold Disclosure: Held
