Friday, January 26, 2007 4:20:43 PM
My appraisal of the situation, a lot of smoke and mirrors on this one, illegal activity absolutely, who and how many is the question. One that can't be answered by any of us at this time. We'll have to wait for the results of the investigation and even then I don't think we'll ever really know for sure. Do I think SLJB can get through the investigation and continue as a company, yes I do, we haven't seen the SEC step in and halt trading nor will they as long as SLJB abides with what they have told them to do IMO.
All of what I'm saying is already been said. Am I pissed about the whole situation.......yes, who isn't......lol
I'm long and I await the results for the investigation, I'll remain positive with little or no new information until the 23rd of March and maybe longer. I will tell you that I am going to average down as much as I can afford and when the pps hits my pps average I immediately sell at least half of my shares and get back alittle of my investment. I'll let the rest ride and let SLJB try to prove it's commitment to it's new body of shareholders (tough to swallow) but will.
That's a difficult task to do, based off their track record but if the company has deals (verifiable) and is making money. People will buy back in, money is money and greed is greed.
It was greed that got me into this situation in the first place.
Either way it has been a valuable lession, Can't say expensive at this time because it hasn't been determined just yet.
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