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Re: Dem Franchise Boyz post# 93741

Saturday, 05/31/2008 6:58:00 PM

Saturday, May 31, 2008 6:58:00 PM

Post# of 131532
What is different now? The people who bought post-split and are still holding have gotten hammered. And the prospects to get hammered some more are strong. There is no safety in rationalizing that the stock is going to go up now because it is down so much. At a penny it is worth one tenth of the stock price. As it goes sub-penny, at half a cent it will be worth just 5% of the post-split price of 10 cents. I'd say everybody who ever bought this and didn't flip it quickly has gotten hammered, both pre and post-split. That's the reality and it means people are just gambling if they buy now hoping for a pop.