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Tuesday, December 08, 2009 9:35:05 AM
(1) longs who held thru the R/S, although unhappy, are buying because they see the share price as attractive and are averaging down, which i think is a fatal flaw.
(2) newbies are buying to get the divis which are worthless imo.
(3) flippers are buying because they're looking for a bounce after the recent R/S.
bottom line is this company needs money and are selling shares in order to survive and they're also supplying funds to EVLN to keep them going.
i like livingcell's idea about all perspective buyers just "cease" buying this garbage. shares can't be sold if no one buys them. i would personally love to see this kind of solidarity, but unless everyone participates, expect the share price to continue to drop lower and lower. it is inevitable.
jmho
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