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Re: Hedge Starz post# 28441

Friday, 11/06/2009 11:11:30 PM

Friday, November 06, 2009 11:11:30 PM

Post# of 108228
No one is disputing that could be a possibility. New buyers aren't looking to come in until he gives them some reasons to purchase. The only incentive is for current bagholders to help their cost average so when this does pop they'll have a lower point to exit and move on. A lot of people have been waiting on real estate. He could issue a teaser PR on what they are working on with Newbridge and regenerate some interest and excitement here. The cause for concern is that dilution has occurred when we had low volume and while we were at what was looking like the new absolute low at .001, which was still an upward trend from where we were. Whether or not they were restricted shares for the new MF CEO, it's still alarming that he wouldn't give us something to induce volume and ease the burden on the shareholder. Instead he pushed us to lows we hadn't seen in months, and now we are stuck retesting the previous lows until hopefully he clears all this up and gives us some new developments.


...that being said, if I were opening up a new position here I would be buying all the .0007 I can right now. This is an easy double or more in a short amount of time. But as someone that has already exposed himself to too much risk with 21 million shares and a cost average of about .0012, I don't see any reason why I would want to buy more except a few nibbles here and there with some extra cash.

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y