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Re: DonLeopoldo post# 397

Wednesday, 10/22/2008 10:46:47 AM

Wednesday, October 22, 2008 10:46:47 AM

Post# of 3831
Are you referring to the ask?
I'm guessing that is the case. Keep in mind that when it was in sub-penny land, small lotto ticket plays are made under $100, which allows the small lotto play investor thousands of shares of stocks. Now that the reverse split occured with 1000 to 1, you are going to see very small bids for some time to come. I liked the previous complaint posts about bringing the company to the attention of some type of regulatory body or enforcement agency. However, I recognize the stock pick for what it was, a lotto play when the stock is under $100. I was lucky to have placed only a small lotto play. Sometimes the lotto play pays off, and sometimes you throw the ticket in the trash. Obviously, the company is going to have to do some serious pr repair damage control if it hopes to get the pps back up, which I guess will only further the devious behavior.

Perhaps someday the pps will be back above my break even, and when that day occurs, I will be selling my single digit stocks too. In the meantime, the bid/ask spread is going to be all over the place, scaring any potential investor away.

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