Metro One Development, Inc (MTRO)

[charhorse]

Well I actually bought in when the pps was in an upward trend. If you look at the chart you will see a couple of points when it was making a small recovery. End of May beginning of June. It did it twice.
http://stockcharts.com/h-sc/ui?s=ONGO&p=D&b=5&g=0&id=p19943141776
I was making incremental purchases during those movements. My mistake was not selling right away. I won't publish my average pps but I went into this with money I was willing to risk. I also have a long window of time available. This is all a learning experience for me. They have been using shares to make aquisitions but is that a bad thing? I have owned companys that were selling shares to keep the lights on. Many companies pay employees shares but I'm not aware if this is in lew of salary. It may be part of a compensation package, See s8 filing dated 6/7/07. I'm not aware of anything other than that they have disclosed these dispersals.