IT Tech Packaging Inc (ITP)

[risi]

Yes, I just checked my computer and now it all makes sense. I sold all my shares as this does not bode well for the intermediate. Look at the history of AOB and of FEED and you'll see the same pattern with dilution. Those two companies, I think, are good bets for the long term just like ONP for the hold a few shares long term investor but in the intermediate I think ONP is going to get hammered just like AOB and FEED. I very well could be wrong but dilution rarely helps in the short term when you're a micro-cap.

It's been a good run and I've made lots of money here but I will now take some time to re-evaluate and wait for a better price with the dilution. We will see lower prices IMO, maybe even the $5 range. That's when I will start thinking about jumping back in here.

Best wishes to you all.