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Re: shortybrndup post# 3963

Thursday, 09/09/2010 4:49:23 AM

Thursday, September 09, 2010 4:49:23 AM

Post# of 12282
I'm long in this boat, but what was always scared me it's high level of shares treading near to the bottom price. I'd like to give example for RS in your case:
One day you wake up with $200, your family collected for the last 5 yesr. This day ELCR cost 0.0002 X 1000000 = $200 ] =>
In 1 month time ELCR decided for RS 100 X 1 per $0.0001/Share : RS for 1M = 10000 ( 10k X 0.01 = $100 ) You lost 50% of principal investment. Don't be naive to get the bottom price.
From this point of view: It is your decision to buy for $0.0002/share because MMs hold they nose up and sniff around for dummies.

Believe me, I'm scarring RS similar to many share holders who bought this stock for much higher price then it's tradind today.