A Little PerspectiveTo all those saying that the permits are already priced into the SP or that they don't matter much to the valuation of the stock, here's a little perspective: GXS was at 9 bucks before they got their permits--10 days later, they peaked at 19 bucks. SMI peaked at 58 cents the day they announced applications--and that was just the first group of applications--since then they've put in 2 more groups of applications to more than double the area they've applied for, and now we're at 40 cents. If they announce approvals for all three groups of permits at the same time (which wouldn't surprise me given the amount of time that has elapsed), you better believe we're in for a nice ride up. Anybody who thinks all those permits are already burned into the 40-cent price is just plain nuts.