Why would a long-term holder even be here??? I din't think anyone of today's holders bought over $30 anyway...
This is the most certain bankrupt-by-the book company that there could be!!! All patterns point to a ZERO market value in a matter of days.
My guess, BK will be announced as early as today.
The salient issue is the differences between "calling the bottom" and buying what they think is the bottom. Note the poster who is calling the bottom hasn't seemed to be around very long.
37 posts | Last Activity: 6 minutes ago Member since: Feb 13, 2013
I note there is an abundance of people who have a knowledge of a stock, yet they have just recently created new i.d.'s. What bizarre human behavior,,,,,,,. Probably some of the same people who abhor stock manipulation.
BK not in the cards. that's what management took off the table when they reduced the dividend, made a seconday offering and closed down their most expensive mine. They knew difficulty was coming because they seen it before in this industry. Only hype will drive the stock price down lower at this point, not fundamentals. goldman sachs and the rest of the brokerages are only stating what the industry has been saying. io prices will moderate (not crash) by year end. china's demand isn't gong anywhere. and of course io is hard to produce profitably so a high barrier to entry, underlying a floor in price of io.