Calypso Wireless (fka CLYW)

[conagra]

As bad as it looks right now, I would not buy shares anywhere. Let's face reality, it spiked from 3c to 17c on news that there was a stay in the Fed case with TM. Thats's it. Now it's given about 50% of that back and it will drain the other 50% over the next couple of months. Why? Because they are not going to get a deal with TM an they will lose the case against Daic. Let's face it, the stay was the only positive that's happened. Every other thing has been negative. They could not get Williamson dismissed. He's got the judge by the collar so that's bad. They could not get the court moved. That's bad because they are stuck with this judge. The case got delayed. That's bad because they have no money.

I stay on the board because it's fun and just maybe someone will take my advice and book their profits before they lose it all.