California Grapes International, Inc (CAGR)

[dh30067]

I'm sure there is money to be made selling food in China but that does not mean selling food in China is automatically a profitable business. Just because Walmart (or Vanguard) is having huge success selling discount items does not mean that if you start a discount store you will enjoy immediate and guaranteed success because your are also now in this "billion dollar" industry.

The fact remains that every shareholder here bought this stock at some level believing that was a bottom and from there the stock would go up. It didn't. It went down. And at the next lowest level more shares were bought with the belief that was the bottom. It wasn't. At some point you have to realize either your ability to evaluate entry points is flawed or there is something larger wrong because additionally everyone bought under the assumption that if Frank did every thing he promised the stock would go up from the point you bought. And if you contend that Frank has done everything he promised and the stock has not only not gone up but severely declined then something has to give. As much as you want to believe it's bashers or shorts or some other force it is surely not and you should look elsewhere. And if you don't think there can possibly be more downside from here always remember the four most dangerous words in investing - This time it's different!