Monday, January 28, 2008 4:06:26 PM
I acknowledged my mistake, and just am saying its foolish to buy shares when they have no where to go but down.
I bought my shares around 4 dollars. Now i'm looking at a 400% gain just to break even. Some people will be celebrating on such a pop, but many will just have started to break even. I could buy now, but whats stopping them from going to .20? Whoever buys at the bottom could make some good money but everyone else is probably screwed,imo. Oh, except for Nolan.
No more story stocks for me. You have to wonder why Nolan didnt go for conventional funding for his great idea and instead decided to sell the public a bunch of OTC stock? I'm not saying he is trying to screw us...in his last financial dilemna the bank got paid eventually. But they didn't make a lot of money. As investors we probably won't either. We are Nolan's bank.
An investor's mind: http://www.retro.ms11.net/InvestorMind.gif
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