wow i was wrong...., page-3

To be fair, a lot of companies fall below their CR price, and there is a lot of time to go before this one is due- for the retail component anyway. I'd be amazed if the "powers that be" allow this one to collapse forever. It is also underwritten, but worth checking out if there are exit clauses and what they are.

It is the "leap of faith" in August that the media is going on about that is causing this to plummet so far below it's CR price. If Inman can pull out a ripper, it should be ok.

Painful to watch. I reckon it will get better, not worse- at least due to insto's not wanting to hold the bag. I wonder if PE or hedge funds would be getting in at these levels.