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Re: None

Friday, 02/06/2015 4:53:00 PM

Friday, February 06, 2015 4:53:00 PM

Post# of 106838
LOL, Quote: "Unless someone is day trading in the risky market of penny stock (IMO a very bad idea), what is the relevance of what happens hourly or even on a single day to a trader who is not short sited and is looking at the long term picture? Please explain.
"

Uh, the stock, unless one hasn't notice- the common shares have lost about 99.8% of their value since the company went public. $5 a share to sub 1 CENT this AM, and a close today of about 1.3 pennies. Not a lot of "explaining" left there IMO??? If that can't be seen for what it is- well, nothing left to explain.

The common shares have lost about 97%, maybe 98% of their value since the present CEO took over in mid 2010. About as high as 70 cents, to avg 50 cents a share in mid 2010 to a value of sub 1 CENT this AM, now about 1.3 cents.

That's 50 - 1.3 = 48.7/50 = .974 X 100 = 97.4% loss.

Again, what's left to "explain" about that? That's the "long term picture" as crystal clear as it gets IMO. Sorry, I don't wear rose colored glasses- I'm in a place called reality.