I have read all of the posts today and I applaud you all. There has been some common sense expressed that gives perspective for everyone. By that I mean short term, long term, current holders and potential holders. Obviously those of us who are holders at a higher price are hurting but none of the recent decline is anything to do with the fundamentals. DC may well be right, we may get to 20 cents but that will be an abberation in time to come. I sympathise with those who are traders and seek explanation for every bad day that CAP has but such is life in markets such as these. Things are likely to get worse before they get better and it could be some time before we get a true appreciation for the assets. I don't think there is much mgt can say or do that will turn this ship around in the short term. The market is not going to re-rate stocks like CAP until there is a huge improvement in broader sentiment. This cake is going to need a fair bit more baking time before we can ice it, it is not a good idea to keep opening the oven door to see if it is ready. When it is done it will be a ripper. Sorry for the bad analogy.
TN
CAP Price at posting:
30.2¢ Sentiment: LT Buy Disclosure: Held