agreed. great great post. seems obvious, but that's what's so mind boggling about the propping buyers keeping this damned thing up.
everyone KNOWS this is headed down. don't they?
look, if you were a fund holding a million shares of this, and you're seeing the pps doing nothing but slowly bleeding down, WHY WOULD YOU BUY MORE?
is ANYONE really thinking that this is going to turn around any day now and they'll start making money on this due to pps appreciation only?