Umbra Applied Technologies Group Inc (UATG)

[Gordo56]

I will admit that UATG represents my one and only attempt to invest in a bulletin board company. Most of my investments are in the NYSE, NASDAQ and various other ventures outside of securities. I have owned stocks as part of my retirement since the mid 1980's. Many of you may not be old enough to remember the MCI Worldcom debacle but I cant seem to forget it. If I owned millions of shares of UATG, which I do, I would be working towards getting the stock above my cost basis once I was able to lower it enough rather than constantly trying to drive the price down to be in a constant state of flipping to lower cost basis down to zero which can never really happen. This strategy might seem smart but all it really does is prolong the hope of a positive return and will effectively only reduce potential profit margin. Its a short sighted and inexperienced strategy. Just an old mans opinion with alot of money on the line and many years of experience in the market.