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Re: jhnvtjll post# 20370

Wednesday, 12/17/2014 5:19:26 PM

Wednesday, December 17, 2014 5:19:26 PM

Post# of 33515
There is a simple answer to that. Reading their PR, this RS is a threat not a promise. They've deliberately put the date for March as a target instead of early in January for a reason. They've also stated that they will recind if it is not required.

These are the signs in pinkyland that there's a chance of a run in the meantime. This is not over and if everyone thinks it is and sells for a tax loss at $0 they will be very unhappy in January when it runs.

I've reset my own opinions on this one several times. At one point, it was the shining star in my portfolio, now it's a shining turd. I agree with all of the negativity on here but I still think the reality of a new restaurant in January will give this some momentum again and people can decided to exit or hold for more.

March is a long way away in the world of the OTC. I've seen people playing on increases when an RS is 2 or 3 days away let alone 4 months.

Maybe I'm just happy because I've had great success elsewhere this week which has gone some way to correcting my losses here but I might even buy up more 1s for the 100-200% gains in the New Year.

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