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Friday, January 21, 2011 1:08:42 PM
Long means that they didn't just buy which would have had to happen unless they were totally mistaken and bought years ago and could have gotten a much better pps price and bought back in which was so obvious and stated way back. Just ridiculous to keep shares for years in this stocks past, I would just say plain lousy investment or trading practices.
So the only "green" that your mentioning are short term holders at this point. But like I said, no real trading from buying at .0002 and trying to sell at .0003 at this point and anyone who is stating that they are doing it is either an insider that is criminal in nature or just BS. Again all these "7000" (might as well be 100,000) doesn't make this shell any more worth it, only makes smaller and smaller pieces and less and less worth for each individual. And one doesn't really know the number anyway, there has been so many lies and deception from the owners of this shell, you can't believe anything that is put out by them.
The only thing that is happened here is the owners of the shell shares selling (fact) and there is a failed business (fact), no product (fact), continued increase in A/S and shell share selling (fact), and odds are that more increase in A/S and R/S decreasing any "investment" even more (those odds are also fact).
Fact is that this has been one dirty shell and there is at this time no indication that it will change for the better other than maybe a quick trade (and thats even a big if).
"Averaging down" does not make the shares bought at so much higher pps any less of a loss. Those are gone, period. Maybe some "new" shares bought might bring some profit, but again, thats a big maybe. There is a definite good chance that the A/S will be increased again, sell off, and a R/S at some point, so even buying now could very well just result in more losses.
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