InvestorsHub Logo
Followers 164
Posts 19773
Boards Moderated 2
Alias Born 12/09/2004

Re: vln07 post# 33165

Saturday, 08/18/2007 7:26:55 PM

Saturday, August 18, 2007 7:26:55 PM

Post# of 44006
You might save your complaining about "someone lost it for us" until that actually happens, if it happens.

There is nothing stopping you from selling your shares Monday morning, or waiting till the day before the split takes effect.

You certainly had the opportunity to sell back when the RS was announced, but obviously chose not to.

If you lose money on this stock, blame yourself. There were plenty of folks that offered the idea that selling shares at the announcement and buying back later at much reduced prices as a strategy for dealing with this situation. If you had sold at .05 and bought back at .02 you would have muc of your money in your pocket and still have the same number of shares.

I wish I had been smart enough to do that. But I didn't forsee the price declining nearly as far as it did. Oh well. My fault on that, no one elses.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.