1.   Some investors got cold feet, and pulled out of the project at the last minute.

2.   As this slide goes on, small investors get nervous.

3.   Otherwise the investor will get the bid price less charges, although the sale commission will be waived on larger amounts.

4.   Already-nervous investors got an additional jolt when New York-based Schlumberger and Houston-based Diamond Offshore both reported disappointing earnings.

5.   Already nervous investors got an additional jolt when New York-based Schlumberger and Houston-based Diamond Offshore both reported disappointing earnings.

6.   Analyst Eric Apell of Torrey Pines Securities Inc. in Solana Beach, Calif., said investors are getting the message.

7.   And existing shareholders, who likely paid more for their stock, are not thrilled to see a big-block investor get a break on the price.

8.   And investors will get nowhere near the current stock price back in future distributions.

9.   And questions still remain about how good a price investors get on the Nasdaq market.