Grifco Inc (GFCI)

[TampaTradr]

As to long or short, I think long is closer to the truth, though the measure (for me) is in the stock price more so than the amount of time held. I got into this stock late last year and still have high hopes, though the lack of verifiable information and the failure by management to "come through" with forward looking statements is disheartening (at best). With that said, I still have high hopes for a release of financials (from both companies) and the CTBG spin-off.

As to your question..I feel the appeal here is the same for all of us...to double or triple our investment at a minimum or possibly earn a >1000% yield. The numerous contacts with IR combined with the visits to the facilities by many posters keeps this possibility alive. Pinkie land is a dangerous (and costly) place to play. I still believe that this is a real company with real products (and hopefully a real profit) but it remains to be proven by JD.

In regard to faxing statements, I do not think that it will prove anything. I do not think that JD will take any action on this, nor do I think the SEC will either. I believe it is a futile exercise, however, if it makes some people feel like they are making a positive contribution, I encourage them to do it. I don't think it will harm anyone either. I view it as similar to the exercise by StockBonds3 a couple of weeks ago to send a certified letter to management demanding explanations on financials and outstanding share count. For now, I am in a holding pattern and hoping for a dramatic climb. Thanks for taking the time to ask the question and hoping for a great return for all of us!