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Alias Born | 03/06/2006 |
Friday, October 20, 2006 2:46:33 PM
Volume high enough yet to be considered "dumping", you think, or not? 8 million shares on "launch day", 2 to 4 million each day since, around a total of 18 million plus shares by end of day today over 5 days. What is that 18 million times an average of let's say .0085. $153,000. Just about the same amount traded in the days leading up to the launch.
By a shareholder's standards, is there any doubt that this launch has been an absolute failure? The share price is now half of what it was a few weeks prior, when we were all being encouraged to acquire and keep holding stock in preparation for the big Fractalz Cubed launch.
I guess most people don't really want to let their cash just sit there for months and months at the same price, or getting cut in half, then half again, then half again, and consider themselves 'long term investors'. If someone actually believed in the next software release of this company, there's no reason in the world to leave money sitting here until January, or until July, which is as soon as I would imagine we would hear a peep about anything to do with revenues (a product released in mid first 1 2007 certainly would not report anything at the end of that very quarter).
There's plenty of other companies to trade in, and you don't have to watch your money get cut in half again and again. ETIM went from .0012 to .0060 in a few days and folks, I was in that with a little bit. I didn't ride in all the way. That's what pinksheets are for.
Find me some pinksheets that started out trading in this range and eventually became a respected company that everyone has heard of. Maybe some exist. Please show us all. Based in the US, not some foreign depositary trust. And not a bulletin board (OB) stock, a pinksheet (PK). I'm sure there are some somewhere and maybe it would be soothing.
I wonder how Westeffer is doing with that $50,000 he had accumlated, or JLT for that matter. And guys, I don't wish you ill, I'm just truly wondering how you're doing.
CD
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