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Friday, October 01, 2010 1:39:24 PM
In other companies on the pinks, I see posters claiming that the CEO is shady, and has been involved in scams in the past and lawsuits. I see people clinging to misspellings in PRs, or a general lack of information. I don't see any of that here.
I don't see anything saying that this company is dead in the water. It has been on a downtrend for the past month or two, but that's all. The longer this one trades sideways at these levels (or slightly down), the stronger the eventual bounce will be. I would be fine if this thing doesn't bounce for another 3 months. The more flippers we shake out, the better bounce we will eventually get.
Triple zeros are possible, just as anything is possible in the pinks, but I would not bet on it.
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