Grillit Inc (GRLT)

[kentonmag1]

I'm sure there are many longs that wish they were "day traders" of this a year ago, since all the longs back then have been wiped out.
If you honestly think that a Company, that had 2 stores 3 years ago, but has not completed a single franchised store startup yet since it first mentioned that they were going in that direction 3 years ago, will get to 1000 stores, then you are in cloud cuckoo land.
I still remember all the pumpers when it was at various PPS saying it couldn't go any lower, whether it was a dollar, 50 cents, 20 cents or even 2 cents but it has continued to go down. Whether it is at the bottom is anyones guess but it has royally screwed many investors. Even those buying a 2 cents are currently 80% down, so those buying at a dollar or more I just hope didn't mortgage the house to buy their next Chipotle (as some on here have referred to GRLT as).
As for my short sightedness I've just worked it out that if I'd invested my $160K in GRLT when it was trading at a dollar (and pumpers were pushing it then as well) it would be worth $640 today. Thank god I was skeptical then and nothing has changed.