If you are in here for 2 years and are at higher prices then when did you buy in. If you were over 2 years in then you should be in sub-penny and not sweating, like me. Unless you got int after the Kartina spike which was in the end of 2005, when the stock priced spiked. Then and only then would you be in a such higher prices. Those that were here over 2 years were able to make a killing, but buying sub penny, cashing out above 10 cents and then rode it back down to sub-penny.
As I have said before what were your expectations when you bought in. Was it to double, triple, quad etc your money. I have tripled but I am not going anywhere. It takes vision and foresight to make this investments and then have trust in the company. Do you? or are you just holding on because of what you have invested? If you could break even right now would you bail out? Because once you are even, you know very well that the company is just going to keep growing and your return on investment will be even larger. Plus you have the ability to convert to the preferred plan and lock in the 6 cent stock price, which I am sure would give you some profit.
1.75 Billion Share count. Everyone can make an argument that this was not expected, but you have to realize that the company has a obligation to report shares that maybe convertible later on and that the company has the shares to cover the conversion possibility. This is why the share count was equal to the authorized shares. This stock was already going to be shorted and this news just made it easier for the shorts to drive the price down.
So whatever your bitching is about, you are either in or out. Time will prove us right or wrong. Do we all want the same result here?
AI
