if pnp was in serious trouble you would haveheard about already-- too many investors in my opinion are reacting to old news--pnp was extremely overvalued @ 16 when the book was around 4.60--most mutual funds-closed end trade near nav. this speculation traded at a huge premmium-- remmember alot of the risk money has been spooked, hedge funds looking for money, investors forgeting how bad it can get most likely have driven the risk out of pnp---maybe the real risk is not owning some. I am not saying that this situation can not fail, but i think the risk reward scenario is quite interesting! I believe that herd is always wrong and the extreme negative on pnp is maybe overblown