RE: Back Door FinancingSo you are accusing him of lying during the CC and on BNN last week? And what, pray tell us, are you basing this "strong feeling " on? Perhaps he has previous form, or you have some compelling evidence you would like to share with us?
For what it is worth, I am taking no notice of all the mudslinging and theorizing that is infecting this board this morning. I make my decisions on hard, undisputed facts and the one that is predominant at the moment is that a major holder is liquidating its interest. We know that as of the 1st Feb it still had approx. 10 million shares stll to dump. What you are seeing at the moment are the inevitable consequences of this and all we can do is wait it out, hoping that the purge is done as quickly as possible.
Chill out, for goodness sake. If you cannot and panic when the market turns against you simply because an institution decides to bail out. for other than valuation reasons ( and there is ample analyst evidence to support the fact that the fundamentals are compelling to say the least) then you should follow the advice about getting out of the kitchen if you cannot stand the heat.