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Re: None

Wednesday, 12/07/2016 8:10:20 PM

Wednesday, December 07, 2016 8:10:20 PM

Post# of 29021
There is little value to this stock. I am a buyer of dips at this point. I know it is a risk. There is no strength. It is an OTC stock for a reason. BUT as a technical play and industry group play only, I see value.

I remember when DYN dynegy went down to sixty five cents in 2001 and I bought 10k shares at the very bottom. It looked like the end was right there. Every valuation and every analyst was saying its over. The stock and company recovered and went to the moon. I did not ride it I was out at ten but my point is if you do your own DD and if you feel like your discipline is pragmatic, then go for it. I for one believe we have an amazing opportunity IF and when the entire industry turns around. IF and when that happens I am sitting on enough shares that even if we have some kind of reverse split I would be great with that. I do not see bankruptcy in the future at all at this point. Lastly, stepping away a little from the fundamentals, the charts of the DJ container, packaging and shipping indexes are all breaking out. In a big way. Laggards are not the prime place to be except once in a great great great while. So, here I am.