The part about excelsior "but there doesn’t appear to be any strong fundamental reason for the decline decline other than overall market sentiment."I have to disagree.While the story grows,the bottom line is they need cash and everybody knows it.Management was adament that they would do the financing at a price above the last financing.Well that didn't happen and now they did that small financing just to get through to the fall.It still doesn't change the fact that they need more cash.That is a fundamental problem.

Hey Chris thanks for the comment on donner.Maybe I've hit capitulation stage but I couldn't help but laugh even though I'm beyond under water with donner.