I'll add my thoughts to the soft bash. I think we are just about ready for another PP. There are 2 ways to squeeze out retail; 1. keep the price falling until retail gets scared and runs or 2. dilute them through a PP.
Remember the last PP when they told us they had plenty of money and then had a large PP to cover off 'another year', well, I think we may be heading towards BOHICA (bend over here it comes again).
Remember too that the hedgies have bought all the way down from $6 and would love some cheapies with a hanger (just like those bottles at the liquor store with the freebie attached)
Call it a bash if you want but this is the feeling I'm getting. Does anyone have any Rolaids!
BB