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Message: Misunderstanding

Misunderstanding

posted on Apr 27, 2009 11:08AM

I'm going to try and get technical here, but I'm no GrimReaper. Anyway....given the way this stock has built some resistance over the last 3-4 weeks, it is hard to believe that the SP is diving like this solely under the pressure of the shorts. I would think it would take some negative news to break through the floor like this.

I'm wondering if this latest announcement is being miscontrued by shareholders, analysts, brokerages, etc. I had to read it a few times to fully understand that it was an 'fyi' release.

Personally, when viewed in conjunction with the (recent) previous release announcing the 'early breakup' of the property, I'm thinking these are some very positive clues as to what is going on....w/o SLGLF bending the reality of the situation. Given the way the regulators leaned on them in the last 12 months, I would be fairly cautious as well...even under the most optimistic conditions.

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