MNS Chart, page-1079

We see it all the time with this stock I think you’ll agree. A few days before news, the thing always seems to run up on sizable volume. Then the news is somewhat underwhelming and those guys pull the pin. I’d bet this is a similar situation. Until we see the TH relating to the cornerstone investor it’ll be more of the same IMO.

Your thoughts re the bottoming out would apply if the lower lows stopped. But they keep coming which is a green light to continue being bearish. I just think there isn’t as much room for the short play anymore given how far we’ve fallen hence the lack of acceleration to the downside.