Thursday, October 19, 2006 10:53:42 PM
At lower prices which has been the story now for almost one year, the argument could always be made that the potential outweighed the risk given that I believe the company was and is real.
What has changed in my opinion has been the huge number of months that have elapsed without solid information plus the pr'd $2.25 offer that really only makes sense in terms of fraud. Who can rationally and also convincingly explain the pr story on that otherwise? If nothing else, the company has made no effort to explain.
Also, how can one remain comfortable in an investment on an obscure pinksheet that has 2 bad shells in a row?
I will make the argument that even if someone with much industry knowledge likes and believes they understand the current storyline, a general investment rule is to be wary of companies with changing storylines.
sam
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