Identa Corp (IDTA)

[Wooden Indian]

Was this nothing more than a promotion?
Mike Swanson:
"The problem is when a stock falls for a year and loses 75-90% of
its value it never will go up to new highs until all of the weak
hands who rode it down get out. That can take a LONG time to
happen and if the stock was nothing but a promotion will never
happen, because the insiders will just continue to sell and
dump their stocks on to the public. There is literally an
unlimited supply of stock to sell when it comes to stocks that
are nothing but promotions."

I'd say we fit the discriptor. I'm easily losing that much and I know I'm not alone.

I think it's time for me to shelve IDTA, sort of put it in cold storage, and thank all you fine folks for putting up with me. You, too, Yaacov. Nice guy, but you sure can take a shareholder for a bumpy ride. The price of the ticket is a bit steep and I'm afraid I have a very bad case of motion sickness. I certainly wish you well.

Woody.