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Re: lawdog1 post# 39647

Sunday, 07/13/2014 8:37:56 AM

Sunday, July 13, 2014 8:37:56 AM

Post# of 45504
Morning lawdog1, I sympathize with your position and have long wondered how you managed to hold on so long. I gave up on gpsi a while back and sold all my position. Yes I took a bit of loss but going back through all the transactions, day trades etc., I actually made a little coin, very little. It was a fun run that I also had hopes for but I also expected a level playing field.

With the unethical clowns running gpsi that level playing field didn't exist and never will. I am reluctant to give advice and fortunately none of my friends invested/gambled in gpsi so I don't have that on my conscience. One co-worker put a few hundred in but he day traded and knew the perils of pinks.

It's tough to admit defeat and sell at loss but also tough to watch a slow, or not so slow, hemorrhage of portfolio value. Better to cut the losses rather than bleed to death. Let ellie, strommi, etc take this to the grave.

I keep watch here and even thought about some flips here, BUT there has to be active buying to flip and the selling opportunities are getting real slim. I wish you luck trying to salvage something but I figure it's going to take you a long time to do so.

DR