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Re: mikeyk post# 21909

Wednesday, 12/03/2008 2:05:24 PM

Wednesday, December 03, 2008 2:05:24 PM

Post# of 32583
When I got in, i was in on the intent to hold.. i saw the writing on the wall and made a smart move to get out with profits..

This company can turn things around but it has dug itself in such a deep hole it will take at least a year to recover from it's decisions.

My question is.. why buy, when the company is diluting. Buy at the bottom.. At the bottom the company will be force to restructure the share count, buy back Shares or do a Reverse split.

I work hard for my money and im not gonna piss it away that easy.. Be smart with your money, or piss it away on a diluting pig..

Some people say average down.. its a good idea to average down, but when dillution is driving the stock down, stay away till the stock hits the bottom..

Its called finacial wisdom.. When i am in again, I will hold long.. If company does not show good faith, it will be another flip. Their is a chance in this stock many will be left holding the bag..