"The Market" usually reflects supply and demand.So, Ureka, the big fall this last few months just means that there is too much natural gas out there,
and it means that some investors said to themselves, we have lost enough; to heck with it.
It also means a lack of confidence that PMT can dig itself out for another couple years.
I too bear the scars of Nortel and Stelco. Might buy some pipeline shares tomorrow.