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Re: veloyt post# 17021

Saturday, 09/26/2009 1:57:19 PM

Saturday, September 26, 2009 1:57:19 PM

Post# of 34072
veloyt; You're assuming all worst case scenarios....I'm more of a positive thinker myself. Thats not to say I'm a sucker....I know reality when it hits me. Sure , this is still a lotto play to a certain extent (but far less , given their recent PR's) but for the low buy-in pps , its hard to rationalize dumping this puppy , with its enormous potential for gain.
The IR firm might be holding 100m (could have sold some or all already) but I don't know that these aren't 'restricted' shares (posing less potential pps impact). Even if there's no restrictions (& they haven't sold them already....maybe thats where some of yours came from , who's to say) , it may well be that they (the IR guys) are smart enough to sell in increments , hence, not posing any significant negative effect. They have a vested interest in seeing their potential realized (just like us) so its reasonable to assume they keep abreast of their trading strategies (just like us).
I'm not seeing the 'glass 1/2 full' here by any stretch of the imagination. You're more than welcome to hit-the-road on this , do what you like , i don't care. I'm just saying , don't expect the rest of us to freak-out w/you.....this is , afterall , the Pinks (+ or - , its Risk vs. Rewards). Sounds like you might be more comfortable w/ BigBoard stocks or in the Bond Market.

Best of Luck on your next play.