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Re: BBLV post# 103094

Friday, 02/25/2011 8:44:46 AM

Friday, February 25, 2011 8:44:46 AM

Post# of 154391
I understand completely. It would be very bad for anyone with skin in the game. But it is bad now and will not recover IMO. The company will need to find a way to survive. Reversing is kinda like going BK with the shareholders being the debtors in this example. I have been around for a while and this stock for over six months. I do not agree with anyones philosophy wo is holding at this time. Even if they were under water they should have gotten out by now. Still should get out. Buy in after the reverse has been announced and the free fall happens or after the rest of the shares finish hitting the market and there is no market. I believe that one or both will happen. The company needs money and has been financing via equity and debt related equity. I have never seen a company with a trillion shares outstanding but this could be a first. Again i am here to make money and that is what I have been doing but i am way to afraid of buying 1s for fear I will never be able to sell them.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y