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Re: bedwards1000 post# 7898

Wednesday, 03/28/2007 10:59:28 AM

Wednesday, March 28, 2007 10:59:28 AM

Post# of 51429
bedwards1000, take a look at post 7890 that I just wrote. I've got a couple friends buying around $50,000 worth right now. These are shares that will be gone from trading at these levels and waiting for multi-dollars. If the stock were at $1 this would only be 50k shares out of the float. As it is now, this is/will be over 100k shares GONE from the market. Since you are a long term investor, having all these extra shares gone from the market being scooped up at these prices by longs will actually help us in the future IMO. So, let it stay below a buck for a while longer and allow us long term investors to pick up more shares for the same $$$. Doesn't bother me a bit because given time we'll be at a price that will put smiles on all our faces... once people start doing the simple compounding math of multiple wells a month to November... well, you get the picture :)

So, while the current PPS makes our CURRENT portfolio value not look as good as it once did, the current PPS will help us to make it even better than what it would have been if we would have stayed in the .70 range... IMO :)


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