Holy molly, if I were a shark, I'd be swimming these waters for sure. The smell of fear and blood on this board is incredible. There is a very good reason why everyone seems to have their tail in a knot. You guys have invested hard earned cash into a company that the share price has done nothing but tank. I'm with you guys except for one thing, I'm not scared. Although I do own a fairly large position here, only a small amount of my assets are invested in this stock. I can afford to lose it all, but who wants that?
The problem with most is the lack of a plan. Without a plan, fear will overtake common sense and panic will start to set in. When I first purchased this stock, it was going up and was priced around .0055. I bought 12K worth on a recommendation from a news letter I subscribe to. I just wanted to flip it for a few bucks and go on to the next trade. The share price almost immediately started to tank cause they were diluting like crazy and denying it. But, after doing some DD (after the fact) I decided it was worth the risk to hold for better days. As the share price plummeted, I decided to just write this thing off as a total loss, but I also decided to ride the sinking ship to the bottom of the ocean for better or for worse.
Then along comes Garr and company. As their plan started unfolding, I started buying into it. I liked the forex idea a bunch. I liked what I read about Jack Chang and his connections. I then decided to break one of my trading rules and average down. My average is now just under .0006. My plan is to hold until I make a couple million or until I am convinced the company is a failure. As of this very moment, I could care less what the share price is. That's why it doesn't scare me to hold this stock. Technicals tell me we could revisit .0003 again. If so, I will average down some more. I will not panic, ever.
I'm not sure what is going on with this company currently. I personally feel they attempting too much too soon in their growth cycle, but I could be wrong. All I can do is trust management and wait it out. Remember, recently Garr asked for nine months to see his plan succeed, that would take us just into 08. I plan to give him the time that he has asked for no matter where the share price goes in the meantime.
I know there are questions about dilution and buybacks. But, we won't know anything until we officially get news from the company regarding these issues. All opinions on this board concerning these matters are pure speculation.
The shares currently have little buying interest. It doesn't take much selling pressure to keep the price depressed. Again, we could go lower so one must prepare mentally for that happening. Just focus on what Garr has outlined (his plan) and either trust in management or sell.
