RE: Financing Tend to agree. Taking a company to bankrupcy is the last thing one would consider because he or she might get .10 cents or less for a dollar invested. When everything is said and done, there is usually more said than done. For those who are long and refuse to take a haircut sooner than later must assume responsibility. It is pointless to cry foul. It is a nice feeling to be making money on a stock that many are pulling their hair became of greed or stupidity..
The warning sign did not arrive yesterday. It was claerly pasted on the wall well in advance. One pays a price for denial. Stay in, get out, or shut up. Moaning and growning serves no useful purpose. It is just irritating.
The trading pattern is clear for us to see on Level II. Who in his right mind would jump in to sell for less when the SP is on its way up? If you sit on cash, you can play the same game. Or,, I decide to take my loss and move on to something else. In the meantime, many are making money.