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Re: fazoolius post# 34375

Monday, 03/03/2008 4:24:38 PM

Monday, March 03, 2008 4:24:38 PM

Post# of 44848
Me too, there's no way in the world I am selling this RUSL right now. No way. Risk benefit ratio tells me it would be ridiculous to do that and I'll keep it in my portfolio to remind me that Reverse Splits can be much higher ratio than ever imagined. I have lived through some stocks going BK and this RS ratio with today's trade history leaves us with something akin to shareholder legal battles' percent recovery from bigger bankrupting corporations. Well, sometimes after a big fight, shareholders might end up with much less than 1 percent of asset value. That would be like the ones that have lost 99 percent value with RSDS. Only the creditors have any real chance in BK investing, Eddie Lambert types. I like the Warren Buffet types much better. Now where is that next grossly undervalued company out there that's not a reverse split repeat offender. It seems like it takes years to find one.


JMHO DYODD