Wednesday, February 17, 2010 12:44:57 PM
At least the loss at selling before 8 is minimized while the risk to hold is minimal. Averaging down might be a good idea in this case as well. Getting those who hold 8's down to an average of maybe 5's and then they break even. Maybe with enough MOMO we go to .001 and we all make money. I currently don't see any otherwise risk.
If an R/S was filed 1/1000 then at 1mm shares a shareholder now has 1000 shares but the PPS starts out at .30/share. 1mm x .0003 = $300 or 1000 x .30 = $300. If the .30 goes up based on a new share structure, uplisting, and great news then the value is still there.
It's not like we have a sinking ship on a daily basis so selling now is the worst thing to do IMO.
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