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Re: Civicbird post# 172628

Friday, 08/07/2009 7:44:31 PM

Friday, August 07, 2009 7:44:31 PM

Post# of 202893
Hi Brendan- Excellent post on your thoughts. I'm sure there are many that have pretty much the same feelings. Each one of us has to make decisions daily from the time we decide to exit the bed in the morning until we decide to re enter the same piece of furniture at night. I can only speak for myself. I too am not happy with the share price short term and anyone that is saying different most likely ( no offense intended towards anyone ) has a delusion problem. I've been in this and buying since Oct 06. I was even in for the forward split way back when. When I first found this company I knew this would be a long term play, not a quick swing trade. I liked the concept and thought it would eventually catch the mainstream eyes. It did but has yet to generate the accompanying returns. Will it ever? I like to think so or else I would have been long gone and not even looking back. Been there done that many times with others. The 2 things that almost always cause a company to fail are undercapitalization or mismanagement. Very rarely do a true entrepreneur and savvy businessman come in the same package. Henry Ford comes to mind as an exception, as I'm sure there are a few others out there. Did Clint, the entrepreneur, surround himself with people with the necessary skills to make this work? Good question and I wish I had an answer. I would love to be a mouse in the corner of their office ( hope they don't have a cat, LOL ) to hear the day to day talk about the business. I understand they are hard at work seeking the LOC. It makes me wonder whether or not they fired that guy in LV that was supposed to be doing this for them. Seems he hasn't come through, all bluster and no delivery. So we wait and each day have to make the decision- to sell, hold, or buy more. For each bit of good about the prospects of this company, I'm sure someone can come up with some bad. You've read it all before right here, I'm sure. I recently bought some more shares in the 1¢ area, not to average down as I don't think averaging down is a good idea for any stock. Peter Lynch once said something to the effect of - never buy stock in a company that if the price went down by half that you wouldn't be willing to buy more. The pre split high of .008¢ equates to a current share price of 16¢. I think we'll see that again and more, JMHO of course. Gonna take some time and some good numbers on the Qs. Buy, sell, or hold, it's always a personal decision. Best of luck to you.

..............al

I may not agree with what you say, but have fought and will continue to fight for your right to say it. USArmy 1966-1975

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