patrick.net

Interesting, what happened?? After news of the 225 million loss came out, the stock was still at 12 bucks down from 14. Why the sudden collapse-that too after they secured financing??

A dead cat bounce?

I don't see much value in this stock although it may likely bounce. They are lucky they got this lifeline financing and the people who sold in PM or shorted got royally screwed. The halt was done pretty poorly, allowing trading in PM and AH only is nuts. There may be some short covering going on after this, but long-term I"d say it;s worth what it was worth in PM, or maybe even $0. I am not playing this so good luck whatever you do ;) I agree though that if you get in for a ride up the best price would be Tuesday or Wednesday (Monday the market is closed unless you trade in foreign markets as well).