still fun to be had. Grab some cheapies while they last. The dump today was an over correction for perceived fiscal hits from the newly discovered liabilities. If this was as catastrophic as the pps is letting on, the company would not have thrown that PR out their naked. It was clearly an attempt to draw out the deadbeats and make folks aware that they are cleaning up. I suspect, based on all the other information about this company, that the liability, although big, is not so significant that it will have long term ramifications. I suspect we will see follow up in the coming days describing the mess, the plan and then the long term strategy for success. Clearly, this is what has been holding up the fins. So, with investigation wrapping up this week, i would expect some sort of indicator next week as to what the plan is moving forward. This over correction will probably be cleaned up by tomorrow with pps well out of sub-penny land. However, it is sad to see that over 2.2M shares were sold in this panic. I, fortunately, picked up another 100k in sub penny land bringing my average to just over 1c. So, I expect to be in the green by the end of this week again.
JMHO
JMHO
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