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Message: Re: Anyone care to take a stab at the cash situation?

My broad view of the market has always been that fundamentals are overrated...that fixating on fundamentals is an excellent recipe for buying high and selling low, or vice versa.  Fundamental data is of course always old information...and as is often said, the market is forward looking.  That's a simplification of course....but the BETonMACE news, a fundamental reality, no doubt it caused many to sell out.  I would bet that there are shareholders right now saying, "If it gets to $1.30, $1.40 $2, $2.20...."when it gets to "my price" I'm gone.  But as I said before (and as everyone knows) you can't sell unless there's a buyer....so while some are selling due to the ugly fundamental picture, there are others buying IN SPITE that same fundamental picture.  

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