Monday, December 21, 2009 5:44:41 AM
An another point - it would be great if new posters could show respect to those who have been around here for a long time. I don't always agree with the opinions of nobull etc but to call them "bashers" etc is just silly. Those guys provide a valuable service on this board by helping people to make sure that they are in this with their eyes open.
I am quite honest about the fact that I have lost a significant part of my investment here but have chosen to stay on despite the accurate warnings of some long term posters on the board. Stocks like this are a huge risk - the potential rewards are vast but the chances of losing everything are great.
Unlike some I do not believable the company has done anything illegal or even immoral in its actions over the past year and more. The CEO has been open about the fact that the company is surviving by selling shares.
What we don't yet know is whether this will pay off at any point or whether - to employ a seasonal metaphor - the goose is already cooked . If, and it's a really big "if" the company can begin to deliver on its plans they could yet succeed and bring success to their investors.
I don't think anyone here can really answer that question. Many are justifiably cynical whilst others hold out hope that Dennis may finally pull it off. I believe that no-one wants the company to succeed more than he and that he will do all he can to get it there.
Although I accept that I am unlikely to see great riches through my investment here , I would not tell others not too invest. Just do it cautiously - with your eyes open to the potential losses as well as gains - and, as many have said before, do not invest more than you can afford to lose.
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