Midrew:
"I am not an expert in the funeral business, but I have done fairly well in investing in various companies."
Stick to investing, which requires buys and sells that has been stated to not be part of your strategy on this particular stock. Since you admit you know nothing about the industry and you can't see EI has gone from 3rd party manufacturer, like in the lawsuit, to having industry leaders pick up their products, then I would suggest sticking to the more familiar companies that you have had successes with.
Also EI is going into South America this or next year with a new division, so "we have learned that there is not a strong enough demand for personalized products to carry this company to profitability."
We have NOT learned all there is to know and it seems the company is NOT QUITTING at this point...
I am not bitter at EI for MY investment decision,
So what effects the pps, buyers/sellers or news from the company? Great news, no buyers has been a complaint for years. You have stated endlessly that its managements fault for that. A recent case in point would be of someone that had intentions of buying shares until the recent trader induced fiasco where people with no knowledge whatsover of what they were saying spread grossly false rumors that ETNL had been downgraded from their OTCQB trading position. Some even went so far as to say that the company had been sent to the grey sheets which was a complete and total fabrication. After reading some message boards with the traders lies about a doom and gloom scenario this particular investor decided to hold off on buying shares. So whose fault is it that investors are chased away? Should that fall on the company or the traders that spread missinformation in an attempt to keep the pps down?
It's all about poster promises, misinterpretation, stating results that never materialize, leaving one dream, to catch the another, and then explaining how this is a can't miss restart. Drinking the Kool Aid and can't understand why others, that use different fundamentals for determining progress, aren't following.
Well if it wasn't for those few, the losses, instead of profits, would have been much more. Thanks to the great REAL posters that gave years of their lives to keep the TRUTH on the board and allowed many like "myself" to recover losses from 2008. I can NOT say the same to those that cry for years and moan and groan and have remained completely innactive. All the things that you mention in the above statement appear to come from message board posters and not the company. Should message board posters be relied on to make investment decisions since many have their own agendas and are looking out for their own best interests or should that type of information come directly from the company?
What's the old saying, "Don't p**s on my boots and tell me its raining" DITTO
Food for thought: Had EI been able to keep the pps above .04 would there be 715mil shares in the float today? Would EI need money today? Bashers hurt by scaring off investors...Had they all stayed, we all would be rich today and EI might have ALL products out today...But that's EI's fault too? bashing the stock is Clint's fault? EI is still here and kicking despite all the calls from you and many others that EI would go out of business after 2008...Nope, not his fault...
400 boardmarks is less than 2mil shares each...Many have 4mil+ and probably at least 6 have 20mil+...How many more can have 2mil+ vs back in 2007?
JMHO
Basser
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