I feel like everyone is trying to eat me for breakfast. LOL For the amount of money I have invested and what I earn I feel like I am a big shareholder. No, that doesn't mean I own millions of shares. That just means I was dumb enough to dump a decent amount of money into this stock in hopes that I will see a nice return on my investment, which would allow me to increase my investments in the market. Obviously, it doesn't appear that it will happen based on everyone's outlook on the board here.
What I said in my earlier post about the institutional investors looking at investing in CYGX was information that I got from Parag via email. Of course that doesn't mean what they are putting out there is accurate, or true. However, it gives (me) some hope that they might pull off some sort of capital transaction to boost up the stock price more for their benefit more than ours. I am not expecting this stock to go up significantly. However, I wouldn't be surprised to see them pump it up to 50 cents or a $1.00 with some PR. I've invested in penny stocks before some of which have made me money, and others have brought tax write-offs. Luckily on this one I'm in at an average cost basis of 7.5 cents. So I guess I shouldn't feel too bad, but I do worry about the amount of money that I've sunk in this sinking titanic. The good thing for all of us is that towards the end most companies like this put of some PR, or try to do something to pump up the stock price so they can cash out while they are heading out the door. Hopefully, for those of us who have some of these shares we will be fortunate to see a little run up even if it's not $1.00.
Anyway, I'm not looking to pump this POS up, nor am I on here looking to piss any of you off. I just thought I would share the information that was provided to me for what it's worth.
Best of luck to all of you!
Astute
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