Formless: please see your inboxPlease see your inbox, hope to exchange emails to keep in touch. I hope you reconsider leaving the board, I for one have found your posts invaluable. Consider using the ignore button to shield yourself from posters who are insulting, disrespectful, or spammers. No one knows the true identities or intentions of any poster, that's why these boards have to be taken with a grain of salt. Over time though some posters emerge as quite valuable while others rarely if ever post anything valuable or seem to have disruptive intentions. Anyway, your post to lighten up on SKE was way ahead of the curve, extremely insightful. While someone was definitely buying on Friday - I unloaded a lot of shares at a loss, but still own a lot and have a small net profit because I was taking lots of profits a couple of weeks ago - I have decided not to buy any stock right now. One of my guides, McCullough at Hedgeye believes the market in uninvestable when the VIX is above 31, it's now in the 40's, everything out there is potentially in crash mode. The famous value investors, Dodd and Grahm, lost a ton of money in the Depression when they bought the DOW down 60%, their investment went down another another 70%! (DOW went down 89% I believe, thus for example, starting at $100, if you buy ''value" at $40, the crash ends at $11. Remember, just as equities have been grossly overvalued for years now, they can also become grossly undervalued when no one has any savings left for investment. I have no idea what lies ahead, another depression is possible given the out of control global debt, and certainly a liquidity crisis is possible such that there's no capital to invest in anything no matter the merits of an investment thesis. I own mostly profitable producers and they are getting killed right now too, losing as much value last week as unprofitable explorers, but at least when the dust settles they will not have to raise capital to continue to operate. But right now I'm not buying even profitable producers on the 'dip' because if an all out crash is unfolding, all ships may sink for a while. I have a lot of cash and plan to watch patiently for a few months to see how this current crisis unfolds, a possible pandemic fear pricking a global debt bubble based on unsound finance (read Hussman, Noland, and MacAllister for starters) is nothing to be in denial about. If the market recovers quickly and it turns out fear got the best of me and I missed a great buying opportunity, so be it, there will be new investment opportunities in the future as well. We all pay our money and takes our chances. Best to all longs, Poet