Stock falling, people losing and yet I don't see much on these boards about exactly 'why' this is?
I was under the impression that this was going to bottom out at the weekend close but it seems to be going even lower.
So, I have to ask. Where is the bottom in all of this?
I see a few pumpers on here and will of course ignore them as I'm looking for those folks that have some sense of reality to discuss this.
Also, how many stores are open thus far now? Completely open, not just in the process, or about to open. OPEN for business with the stock trading at $1.75.
I remember waste management was trading at a sickeningly low # but they were in business and hauling garbage for many many cities.
I've learned that unless a company is ACTUALLY doing something, that promises are worth nothing in the world of stocks. In fact, I usually sell when I see promises and seem to get out just as everyone else does when this news is released.
Promises and projections, all useless. Real stats, studies, white papers, documents leading to commitments with signatures verifiable, those are pretty important to me.
I want in but no matter where I look I just see fluff being spewed out to me. I'm looking for some substance.
Their financials look good to any of the financial's gurus here? Do the numbers 'add' up so to speak with what is going on in the business.
Bushnell is known to have interests in stocks and making money in stocks. If he is able to control a stock legally and then jump out like he did with atari, then you have to wonder about his history. I'm sure he is serious and all but he worries me a bit as he is NOT about the stockholder - just himself and his family. Any thoughts on this?
Thanks
