Some days, T&J, I can't tell what side you're on. I always read, and usually recommend, your posts, but this one I don't get. Are you getting discouraged because of the low, getting lower every day, SP? I know you are a long supporter here. What gives?
IMO, the SP doesn't reflect the value in the property. It reflects the market's perception of the value of SLI. Two different things IMO. Granted, the low SP creates opportunities for accumulators - our biggest risk IMO - but only if enough supporters give up and sell out. Sculpin said weeks ago that anyone with a couple of shares could drive the SP down, just by buying and selling back and forth. The volumes have been so low lately, and the bashers have been so active, that I suspect that kind of activity is taking place.
It's painful to wait this out, and you are very right that the next series of new releases must support the real value of this venture. I believe it's coming. Don't you?
NoWorries (well, some now and then)