Thanks for your input SSK on ETLT. the number looks real bad indeed. Ive decided many months ago that i'm not adding even it dropped. but I am not selling as well because this amount I'm comfortable of investing (or gambling if you will) in this supposedly profitable chinese microcap.
I should have sold some at .90.. you are right I was wrong and greedy.. (I will do it if it goes up to 1 time cash value).. and not because it was .90 before or other reason, I just feel they should be valued at least at cash value (clearly theya re priced for fraud)
I lost $160K in CXTi (20K shares at less than $1) and didn't book any gain.
The only good part (not even too good anymore since most of my other stocks also dropepd) is that ETLT is a small portion of my portfolio, so even if it goes to $0, I will survive.
I think it can go both ways.. if I had use similar criteria and be more risk averse and sell often. I might have already sell all my AOB shares (as they keep diluting shares and right after I buy they went up 60% but then drop back 50% with crazily priced warrants and dropping EPS and seasonal sales so on so forth), and I wouldn't have the tenbagger on AOB. Howpever I need to sell if the business really declining steadily (which currently the data shows).
in 11/15, there will be shareholder meeting in Hawaii, and i'm sure they will get questions on this bad result.
Stan
