Followers | 25 |
Posts | 3216 |
Boards Moderated | 2 |
Alias Born | 04/11/2005 |
Wednesday, August 27, 2008 2:41:56 PM
I think i made my point clear of how i felt about the company after the last dilution of 10 million shares. That was a sign to get out. I have now been fully out of my position for approximately 2 1/2 weeks. I had approximately 4 million shares at one point. I am in no way complaining, because i made money hand over fist. I initiated selling after seeing the 10 mil dilution with no explanation from the company. I did not unload in one day because i did not want to crush the share price, but sold in moderate chunks.
However, what i do not understand is that this company IS successfull. I do not understand the reason for them to suspend the corporation. Matter of fact, if anyone out here is losing alot and has some cash - watch closely. I do not beleive that Conrad is going to stop doing the CB8k rally's. I think he is just gutting the corp and screwing the shareholders, but will still hold the rally and take profits as before without having the cost of the corporate structure. I could be wrong, but those with a ton of shares should watch closely because i beleive this to be severely wrongfull.
In short, i feel bad that this was once a huge stock recommendation of mine and that i next to pumped the crap out of it because i beleived in it so much. IMO, if THIS pink cannot make it, then zero can because this had EVERYTHING going for it unlike every other pink i have seen.
If you need a double/triple to help with any losses, join me in LDK. You WILL make money in that over the long run.
I have said bye-bye to pinks for a while now.
Good luck to all.
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