HEY sorry...it's late and I was on the way out...
shuting down my puter and got my post mixed up.
I did NOT invest in NGEN BECUASE of their R/S
but KEPT CNXT in SPITE of their R/S...
everything else I said applies.
If you read the pre14 on that they (NGEN) is
DELUTING at the SAME TIME they are getting a
R/S...letting you know RIGHT TO YOUR FACE that
if you HOLD this stock you will get your pecans
cracked.
Phase TWO was what really set me off of the trade.
You don't have any hope of some LATE GREAT NEWS
volume to get ya out...and the RISK of the CONVERSE
is HUGE...those developemental drugs crash all the
time at the most unexpected times.
NGEN is running NOW because the MM's are letting it
run so they can clear their books of shares that will
be worthless in less than two weeks.
I've gotten burned to many times playin these R/S
plays...they are LETTING it run...noone is buying this
stuff...makes it TOUGH to get out when there are no
volume buyers.
JUST my pov.
catman..ISYA
PS...take note, I'm wrong a lot. TRYING to error on
the side of caution these days, I'm almost broke and
a cripple, if I run out of money...I'm done for.
Vana Catman fondles his mellons...