InvestorsHub Logo
Followers 12
Posts 871
Boards Moderated 0
Alias Born 10/02/2006

Re: None

Monday, 06/18/2007 11:42:45 AM

Monday, June 18, 2007 11:42:45 AM

Post# of 361
This is another classic example of a company selling empty promises for way too long. Eventually no one wants to buy them anymore.

The people who bought in early just get totally screwed, because the company dilutes their positions into the ground to stay afloat. Sadly the folks who got in early often still 'believe' not realizing that even if the promises all come true now that the dilution has eroded their positions away to nothing no matter what.

A 10 bagger from here doesn't get most bagholders even and is still down 80% from only 1 year ago. This stock would have to go up 80x to get back to last June.

Luckily, I only flipped this occasionally and probably didn't quite break even.

Thanks Jerry from all of us.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NHYB News