RE:looking at the numbers againJust too easy to agree with you now... PG really stepped in it. The one explanation that makes sense to me, as in "what could be the strategy here?" doesn't sit well with me becuase it goes to a question of ethics that I'm stepping carefully around. And that only comes into mind because of the March 24th announcement. And if there is not strategy here then why tease a news release...?
And lets all remember to agree that (yes we were screaming for updates) this "update" was not required. And it was teased to build excitement. So are they sitting in a conference room somewhere yelling at each other saying "I told you this was a terrible idea look how it sold off"? ..or do they simply not care about share price? Um, problem is we know they do care about share pirce. Care about it so much they announce just a week ago they wanted to support it while it was more than 20% higher.
Of course we are still holding because the "facts" (as it were) disclosed in the update underwhelm but don't rule out being superceded by better news to come. I really can't say that they saw the sell off coming. I am rather surprised they diid not and am trying to reconcile these seemingly contradictory realities.