I am confident BNB will bounce back, but whats the next...

I am confident BNB will bounce back, but whats the next step?

With asset deflation now among us the 74 billion in assets are not worth 74billion, before i get all the rants saying they are worth X and Y, remember the same thing can be said for AFG, CNP, MFS! they had on paper NTA worth more than the current SP, but why arent they moving? SIMPLE, the valuers who came up with these numbers are employed in the same circle so who really knows what they are truly worth, but they are not worth what they think they where worth thats for sure.

Second keeping Greene on the payroll is a complete rort not to mention putting th CFO in charge, hello! who was the one who got them into this mess, lol, lets appoint the CFO because our finances have done so well.

Thirdly, some more ammo, M3 money market has collapased so the primary place of capital for the markets in the US is decimated so anyone hoping to raise capital will need to us existing cash or reserves or leverage of revalued current assets.

So I cant see them pulling a rabbit out the hat, they have already started floggin off assets less than their reported worth, hardly a good sign.

But money to be made trading. I can see it hitting the monkey level of $3.

Goodluck all.