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Alias Born 11/22/2004

Re: anbak post# 83

Tuesday, 12/21/2004 7:47:11 PM

Tuesday, December 21, 2004 7:47:11 PM

Post# of 221872
Thanks for your kind words... companies use shares to generate money to operate their businesses. They keep printing shares so that they can sell them for more money. If they have too many outstanding shares, the dilution is too great to make the shares worth buying. Hence they do a reverse split to reduce the count and that makes the existing shares worth more. I bought at the top of the pop, and didn't think it was going to drop this far. Believe me, I didn't want to see this kind of a drop...and so fast too. I am hoping that it bounces back to a see some of my money again. I would be much happier to be in where you are then where I bought. You stand to make some decent bank... I just want to see my money again. LOL Getting trapped stinks and I can only learn from my mistakes. Just be careful and try to play the swings instead of the big pop. These pennies are tricky and it is best to get in and get back out as soon as possible. Sitting on them and waiting is a chance that sets you up for a burn. These pennies just R/S at a drop of a hat and if you are not watching, you get caught holding and eventually end up with little in return. My advice is to play the small gains and be happy that you made money and not sit and lose it all. Getting greedy will get you burned every time. The little gains add up and eventually become big bank. Just be careful!! Best of luck to you and I will see you around. -Peace

Khuda Hafiz!!

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