Tuesday, September 16, 2014 11:51:41 PM
And I feel bad for that one poster here (Edegoce?)
He bought like a billion shares of this when it was $0.0001 before the reverse split took place.
His $100,000 or so dollars that he spent on this stock is now worth exactly 1/200 of what it was worth then when he bought it, since the stock is going down to 0.0001 again (post reverse split).
So if he bought $100,000 of this before the reverse split (billion shares * $0.0001), then his $100,000 investment is now worth a poultry $500.
You practically can't even write off $99,500 in stock market losses over a lifetime.
But hopefully he is loaded, and a $99,000+ loss is nothing to him.
People lose their money in Vegas everyday. But it seems they lose it quicker here with this stock, while Brian is laughing all the way to the bank.
Whatever happened to that Balamidas guy that used to be the head hauncho here and was pimping this stock up. Boy was he dead wrong about this stock!
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