Saturday, September 15, 2007 7:36:34 PM
"In the beginning..." there were 40 TRILLION Paimp shares.
Then, last week, they were reverse-split, 1-for-7,000,000 .
So, now there are 5.71 Million PAIIP shares.
But, it takes 5,000 Paiip's to get 1 Common share.
So, all paiip's combined and converted, in 1 big bunch,
gives you 1,143 'free' common shares, worth $0.0015 each,
for a total "value" of $1.71 , if only1 long owned them all.
What a joke. Except for the longs who still, and always will,
have faith in paim, and her PR's, and photos of kids mining.
Believe it or not... There is actually some pumper on RB
who thinks that each of the new paiip shares are worth $700 ,
or even $1,400 , and the other faithful paim longs all
believe him, and are happy, ever after.
Averaging-down is profitable, for shorters, only.
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