I am worried we are going to have sub penny closes over the next few weeks. We already traded below a penny a few days ago. I am starting to see Petro’s point. I finally went and looked at the AMBS chart. It looks a lot like Todos over the years. 20 cents. 10 cents. A few pennies. A penny. Then sub penny. Then and now, .00x. Now it looks like it bounces around from .0011 to .0017. Only the 4th number changes… God, if things keep down hill, it could get to .0001x. If Todos follows in those footsteps. Every $1,000 becomes $1. Literally a complete destruction of equity.
I know, I know. Just shut up and sell. I missed the window. I am down so much I might as well come along for the ride. So if I do, I talk too much. Sorry.
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