Followers | 3 |
Posts | 86 |
Boards Moderated | 0 |
Alias Born | 11/23/2005 |
Sunday, December 17, 2006 11:13:56 PM
Your frustration runneth over, and rightfully so. Fact is, all longs who climbed aboard the CWRN ship have had their financial heads severely bloodied! Even loyal shareholders have a threshold of acceptability. It is understandable, at this point in time, why shareholders who put their faith in Bob are wondering if it was blind faith.
Bullit69, your posts provide " food for thought", but I choked on your statement that " No one is selling ". The chart of CWRN's stock price for 2006 proves conclusively that selling has been essentially unrelentless, and has consistently far exceeded buying. Recent explosion of authorized shares, on the heels of increase in outstanding shares, legitimizes fears of dilution without resolution. No one doubts the company has assets; longs question how much more devastation to their portfolios will be inflicted before
any revenue from those assets becomes a reality.
The best source of promotion for this company would be production.
Overall, it seems like a fine group of posters here, you deserve to make some money for your trust in Bob, hope that happens for you.
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