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Re: ack0605 post# 17587

Friday, 09/03/2010 10:51:36 AM

Friday, September 03, 2010 10:51:36 AM

Post# of 76488
ok with your calculation but not with your conclusion or most exactly with your shortcut.
As you mention the value of the investment was the same ($27k) after the r/s.
The loss in value is due to holders selling at lower prices as no buyer is ready to buy at higher prices.
Is it possible that this was triggered by the r/s or all the buzz on this message boards wink but indirectly... So I would say that the r/s created an unfavourable environment for the stock and triggered the current "sell-off". IMHO the lack of positive news (or PR giving some hope) is by far the main reason for this highly speculative stock poor perf.