I bailed at 0016 and took a hit wanting to buy in when I saw a bottom. The losses that I took this summer, I don't refer to as losses but as tuition because this is my first rodeo and I was a dummy.
But once they announced the additional 4 bil shares to make 9+ billion shares I got out. DM said he wouldn't do it. Throw in the Choo Biggz/50 Cent hype that never materialized, this news is no surprise. I wanted to get back in because I liked the SuzieQ brand and the tier 1 license potential. But 9 billion shares and now this story, the past history of this company, the Casey Kasem deal just after his death; I don't think I'm buying in.
I've learned the higher the float the greater the fluctuation. I look for low float now because of this very stock. The more shares, the greater the emotional effect on its pps. GLTY.
