“IDO Security Receives Letter of Intent From UK Distributor for First Multi-Site Order for New MagShoe 3G(TM) Series”
The above heading was used for the news release of December 1. Since that date this stock has continued to slide nonstop. Any company that wants to preserve some credibility with its shareholders will do the utmost to come out with some additional news releases that improves or expands on the previous news release. Of course, if the first news release was nothing but hot air then there nothing else to add, and no company wants to deduct from any previous statement.
I should have sold the shares I bought in early November immediately upon reading the postings on this board. But I really believed that the MAG had some promise, and of course I believed also all the lies on the video where the company officer gets interviewed. Billions of shares outstanding which are becoming worthless day by day. I know there is a lot of chatting on this board that deals with individual officers of the company as if they were your friends who have betrayed you. Many of you are taking their behavior personally. I assume that those who have already sold all their shares stay on this board either to help others or to vent their vengeance at those who have lied to them.
If I don’t sell my shares now, is there any hope that IDOI can turn around and go up in price at least to what it was on November 1 so that I can sell without taking a loss. Of course, I know in my heart that the probability of that happening is almost nil and also if that were to happen it would indicate that this company is not fake and I would not sell at that time anyway because I would believe that the stock would be on its way up again…..
How easily we get fooled!!!
AI
