Tuesday, March 17, 2009 8:46:07 PM
This thing is toast. I'm out. I got a PM from someone yesterday saying that something bad could be happening today, and that barring a miracle we were in trouble. Now we've got more T-trades? I'm done with this company.
Look, all the longs here can talk about being in this for the long haul, but in the end you have to weigh how long you'll have to wait to see ANY profit. If someone walks up to you and says "I made 500 dollars!" and it turns out they did it in one day, that's great, that's on pace for over 100k in a year. If someone walks up to you and says "I made 500 dollars" and it took them one year, well then that probably wasn't worth it. There are tens of thousands of opportunities out there that would've gotten you more. There's nothing to brag about there. This was one of my main holdings and it dragged my portfolio deep into the red. This is one of those situations where people will say 'oh come back and talk to us in a few months when us loyal longs will have been rewarded' and you come back in a few months and the SP has been sheered to 1/4 of what it was. DPDW was like that. I initially put about 6000 dollars into this, and now when I sell my shares tomorrow I'll barely have enough to take my girlfriend on a nice dinner.
Face it, the people who keep saying 'the only way this company will make money is by issuing shares' have event after event after event on their side. I feel bad for the people that keep pointing to all these positive possibly events in the future never realizing that they're NOT coming. Who cares if they uplist? That's not going to do a thing for the SP, and the fact that this company can't keep their house in order the last several months just goes to show that we've all been had. I freely admit it; Dog, you were right. Flyers Fan, you were right. This was/is and forever will be a turd.
Look, all the longs here can talk about being in this for the long haul, but in the end you have to weigh how long you'll have to wait to see ANY profit. If someone walks up to you and says "I made 500 dollars!" and it turns out they did it in one day, that's great, that's on pace for over 100k in a year. If someone walks up to you and says "I made 500 dollars" and it took them one year, well then that probably wasn't worth it. There are tens of thousands of opportunities out there that would've gotten you more. There's nothing to brag about there. This was one of my main holdings and it dragged my portfolio deep into the red. This is one of those situations where people will say 'oh come back and talk to us in a few months when us loyal longs will have been rewarded' and you come back in a few months and the SP has been sheered to 1/4 of what it was. DPDW was like that. I initially put about 6000 dollars into this, and now when I sell my shares tomorrow I'll barely have enough to take my girlfriend on a nice dinner.
Face it, the people who keep saying 'the only way this company will make money is by issuing shares' have event after event after event on their side. I feel bad for the people that keep pointing to all these positive possibly events in the future never realizing that they're NOT coming. Who cares if they uplist? That's not going to do a thing for the SP, and the fact that this company can't keep their house in order the last several months just goes to show that we've all been had. I freely admit it; Dog, you were right. Flyers Fan, you were right. This was/is and forever will be a turd.
"Weak, Dow's only down ~2.5%. I was hoping for live, serious destruction. This is like Godzilla coming on shore, taking a sh** in the municipal pool, & heading back out to sea." -Gigantopithecus
