Wednesday, October 29, 2014 8:23:03 AM
This is where most of us become hypocrites though. We get mad at the CEOs but it's us (the retailers) who for the most part drive this thing. As with most pinks, there is no trust, so it's truly a double edge sword. At these levels the flips are extremely hard to get past, and there is really nothing we can do about it.
There is always talk in pink land about sharks and whales, they're not coming into these waters. Way to many greedy traders out there. It's a dirty, filthy and ugly game down here.
All we can really hope for (the true investors that is) is to wait and hope that NSEH get contracts, push out products and ultimately become profitable. With that, we then generate real interest and real support. And enough to hopefully overcome the games at these levels. That takes time though.
A 10 million dollar buy or sell at these levels is what, like $2500? Could easily be retail flippers, easily and probably is.
I'll say this again as well. Yates being transparent goes a long way in my book. Him doing that, and giving him the benefit of the doubt that he's not the devil and lying through his teeth, honestly makes me want to be an investor. I personally still need to see products that I believe are good to consider myself a true long but I'm going to give it some time to see how it pans out. I don't need the money that I have invested in this company, so in that sense, I really dont lose, in theory at least.
So to sum this all up. Outside of the history of this company and current products, I dont blame ownership for us dropping back here. I blame the retail world and all of us greedy traders looking for a quick profit.
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