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Re: hbhmb post# 13003

Friday, 02/26/2010 10:54:06 AM

Friday, February 26, 2010 10:54:06 AM

Post# of 93372
It's a simple calculation, really to decide to buy this stock or not. Calculate the upside and downside. The stock can't go negative in price, so you lose what you put in worst case. Upside is infinite. I know all the bashers want to bash this stock but I can't understand why the viciousness, unless, the basher leveraged (borrowed money) to get into it. I've silently been on this board for a while and own quite a few shares myself. I also get a kick out of all the posters who make a big deal about doing your "DD" - due diligence. Really? Are you going to do the due diligence of a JP Morgan, Morgan Stanley, Goldman Sachs? Doing real due diligence is more than just looking the stock up on the internet and reading all the blogs about it. It is about going to the company, analyzing the accounts receivable, accounts payable, debt, cash flow, EBITDA, management interviews, etc...so please stop saying "do your DD" unless you are really going to do everything that phrase means (well, actually you can say whatever you want, of course). Bottom line, it is a pink so let's treat it as that. You can own a ton of shares for cheap and hope they do a buyback or continue to deliver on revenue and bottom line. If they don't then so be it. You only lose what you put in, unless you borrowed money to get into it. So given these facts, I submit it makes sense to tone down the extreme anger at the company. Why do it? But whatever, you can be as angry as you want, it is your right. It's just that at this price, you get in at the floor with minimal downside. Ok, I've said my peace. Have a good day and good luck to everyone, including those who are angry, peace to you as well.