News Focus
News Focus
Followers 218
Posts 38765
Boards Moderated 0
Alias Born 04/29/2008

Re: mantzes post# 2698

Wednesday, 05/27/2009 11:16:20 PM

Wednesday, May 27, 2009 11:16:20 PM

Post# of 3071
Don't think so. With their current financial situation and recent convertible debentures priced at 35% of the future stock price I think you're looking at a slow road downward for at least a quarter or two. If they can find a less expensive source of cash and survive there may be a slow move upward but personally there are so many strong companies selling cheap now, I'd look for a much safer way to double my money, without the risk of losing most of it.

'Tis better to be silent and be thought a fool, than to speak and remove all doubt. - Abraham Lincoln

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today