a sad day, page-68

Phew, I'm glad I got out when I did a couple of years ago. Made a nice profit, could have made more if I had sold a bit earlier but I made the mistake of hoping it would go back up above $2, instead it kept dropping so I sold for about $1.70 around the last time it traded that high.

Why did I sell? Because I didn't trust their debt/finance structure. To be honest I didn't understand it and reading their annual reports did nothing to help me understand. All I could see was that they kept moving assets around and issuing more securities/debt vehicles. Looks like my doubt about their structure and debt levels was justified given their present precarious position.

Personally my view for any holders, sell whilst you still can.