why @ .17...
A few reasons really...that was my original
entry point that I set almost a year ago
when they issued a PILE of warrants @ .17
When ANY company's stock is trading ABOVE
a BUCK and the sell THAT MANY warrants for
.17...it's a SURE BET that management has
JUST slit the throats of ALL of their LONG
investors and is NOW willing to sit back
and watch the fools bleed to death...which
they slowly but surely DID for almost a
YEAR...this goes a long way to showing
what MANAGEMENT THINKS OF ___US___!
Having FAITH in guys like that can be
TERMINAL !!
TREAD SOFTLY, but carry a BIG STICK...
our "big STICK" is to TAKE PROFITS RELENTLESSLY.
I started pecking away when it hit .17 a
few months back and re-evaluated the actual
value PPS and came up with a figure of .11
I didn't sell ANY of my first few buys @.17
when they bounced up to .2? sumpin and regreted
it as the price plumeted a few days later...
it bottomed, as I recall...(I'm not looking
at a chart now, just from memory)...@ around
.085 or .9. I began buying heavily at that
point and doubled down again @ .11.
I could NOT for the LIFE of me figure out WHY
it made the run that it did so when it looked
toppy @ .36/7 I started to back out all the
way down to .26 where I sold my last 10k shares.
I sold that LAST 10k, AGAINST my better judgement
becuase of some action that I saw NITE take
that day...Iv'e watched him work for long enough
now that when I see him making moves I RESPECT
the power those moves have.
I picked .17 as a STARTING POINT to begin
accumulating again...and I MEAN START to accumulate.
This stock has a REAL VALUE of .11....why pay
a PREMIUM for a company like THIS ?
Will I be COMPLETELY SCREWED if they announce
that the terminal deal has gone through with NO
shares in my account...HELL YES...ya won't be able
to TOUCH this stock for less than a BUCK the MINUTE
that news breaks.
IN FACT...the reason that I didn't sell ALL
of my holdings @.35 was because that much
volume USUALLY means the insiders have gotten
some "early" news...when the news didn't
come..well...you can SEE FOR YOURSELF what
happens when SPECULATION WANES.
ON THE OTHER HAND...if that terminal does
NOT GO THROUGH...and there is a GOOD
possibility that it won't...you can't forget
WHO they are trying to SELL this too.
The CALIFONIEANS !!! No bigger group of
IDIOTS exist on this planet. They wouldn't
know what was good for them if it stood
up and BIT THEM IN THE FACE ! THEN this
stock will be lucky to trade for a NICKLE !
HALF what it is worth on paper.
From where I sit..$0.17 is as good a place
to start taking a HUGE RISK with my hard
earned money, as any.
RISK is a REAL DEAL HERE...to be sure.
I hope that sums it up for ya ?
catmaniac
PS...I'd be MORE specific about WHY I
picked .17 and what NITE did to make
me PICK that number but...then I'd have
to KILL YOU !!!!
AAAAAAAAAAAAAAAHAHAHHAHAHHAHAHAHHAHA
Vana Catman fondles his mellons...
