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Re: Netman post# 19168

Sunday, 02/22/2009 12:43:18 AM

Sunday, February 22, 2009 12:43:18 AM

Post# of 19383
Netman: I sometimes have to take my time, shake my head, and have a second read of these bizarre posts because they are so off the mark, especially when you say my advice as "misguided". I have been dead right about this stock since i first started posting here in July of 2007. I was looking for a bottom, thought I had one with the opening of the second restaurant, and turned out to be wrong. From that point forward I did not see a bottom and have accurately predicted it's demise. I have realized that the management of this company simply never cared about being profitable. They were merely getting the restaurants open, using investors hard-earned money in the process, and were all along planning the next phase of this little adventure, and will soon be looking for more investor sheep to slaughter.

While it takes courage to go down with the ship as you have, you are carrying our fervent belief in this company to a ridiculous extent. Not only is this specific post ridiculous, but you are not seeing the bigger picture. Truthfully, I don't know what to think!

I have just read the recent string of posts on the dates. It has always been clear in my mind that you either hold the shares (do the trade) by 5;00 PM on the 13th or you don't. The record date is 3 days later, which is irrelevant as to whether or not you own the shares. I also just looked at the chart. The stock started this recent nosedive immediately after the 13th. Therefore, it is logical to assume the two events are linked. Not rocket science. So, I am completely correct in advising people to get what they can for the shares and that they are dead... The fact that I said that on the 18th and not the 17th is really immaterial. I can't be posting here offering my thoughts every day.

And what gives you the idea that someone who sells between the 13th and the 20th gives up anything? I doubt that. If someone buys past the Record Date (the 13th) they are not entitled to receive the spinoff shares... the price of the shares will reflect that, has reflected that. And I would think the Seller would still receive the spinoff shares, but really it is a technicality... this selloff occurred right after the record date... what more can be said.?

Furthermore, you simply do not see the big picture. This stock cruised at the altitude of .05 for about 2-3 months. You decided to buy more shares. I said .. why, in this post? (that is advice..)

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35544201

Well, now those shares have lost 80% of their value... that is the price of those spinofff shares you have.. which can't be traded for years and have no market value. Someday they may be worth something...

So who really cares about what could have/ should have happened between the 13th and 20th of February?

It would be so interesting to meet you, because I must say I really don't understand you. And given your role in influencing others here, how can you say that my advice (which has been to SELL since July 2007, with one brief period of positive sentiment) is misguided?

L-M-A-O.. Good day.
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