Could not agree with you more.It's a very similar pattern - PO3...

Could not agree with you more.

It's a very similar pattern - PO3 releases an empty quarterly activity report - and holders (understandably) get frustrated and start exiting. Low liquidity = rapid drop in SP. Rapid drop in SP = more investor uncertainty. More investor uncertainty = sell off. Sell off = lower SP. And so it goes....

I've certainly reduced the size of my position (but not recently) - and continue to hold my breath as - yes - I am under water here.

Oh - and one more thing - we're around a month away from the Annual Report. While the board may not care too much about us small fry - they do have egos. And they have been spending $1million a quarter for a while now. And not just on wages.

I will leave you with a favourite quote of mine (and no - not a Warren Buffet one)

"I'm accustomed to hanging around with a stock when the price is going nowhere. Most of the money I make is in the third or fourth year that I've owned something." Peter Lynch

GLTAH - and sorry to see some of you go....