do a google search efsf in nytimes
here are a few other links
these are what i call bullshiat pr's
this is the kind of stuff you throw out when it comes through your fax, or delete from your inbox...
What I think is only a simple mans opinion.
If it drops to say for .04 for an example you should not care at these levels. Ok say you are in at .34 why care now. If the company comes through you may be rewarded at much higher levels.
If you are long then stay because it is probally too late to sell at these absurd levels.
I am a believer just did not want to risk it all.
Seems I am having trouble finding a buyer, only 3k sold at outset.
This is the fear Lewis spoke of and others. When interest drys up to this low level it's a bad sign usually.
Longs please don't bash me. If you are in at a PPS of .23, .33 or .43 you should not care if PPS goes to .01. You have lost a bundle but you choose to hold for the big hit that might be coming. Who knows.
I decided over a year ago to sell, take a write off and be a short term trader.
May have covered all my losses and if good news hits I will be glad to buy a bunch and the PPS rises quickly.
No not. I lost one this sell. But only about $500.
Now if good news hits over the weekend I will have to pay much more than .074 - right.
But if the stocks PPS continues the fall ten I can pick an entry point and have a chance to make even more.
I love to remember what an analyst once told me
"When you think it is a good buy or sell someone else thinks the opposite". Thats so cool.