InvestorsHub Logo
Followers 0
Posts 1165
Boards Moderated 0
Alias Born 03/04/2011

Re: None

Wednesday, 05/11/2011 1:00:08 PM

Wednesday, May 11, 2011 1:00:08 PM

Post# of 43903
There goes support at .017. Won't be long before this drops below a penny. You can scream and yell as much as you want that you are long and the day to day price doesn't matter but the price action says it all. People want out and they don't believe the company can deliver. Can you blame them?

There was too much pumping and dumping and the stock is now viewed as toxic. All the talk about Dezer and bilionaires ended up doing more harm than good.

You may believe in the company but let's take a look at what they've really done. Opened a dealership? One that they closed right away. Sold any cars? Not that we know of. Made any contracts? Nope, but they've expessed interest. Revenues? None. Hyped the stock with PR's about Dezer that amounted to nothing? Yup. Fluff PR's? Absolutely.

Provided any value to shareholders? None. Price has steadily dropped and keeps dropping.

Financing? Debatable and the price shows how good of a deal people think it is. In the end it's dilution and for all we know it's being used to pay their salaries.

Good things at the end of the quiet period? Well if you call this good right now I'd hate to see when it gets bad.

So I ask how is this company any different than every other stinky pinky out there. They had their run from .0025 to over .10. Not bad but it's obvious the dump is still going on.

In the end the company has offered some hopes and dreams of what they want to do but they haven't actually delivered on any of it.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.