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Re: PoorOldBob post# 1900

Tuesday, 01/21/2003 10:06:01 PM

Tuesday, January 21, 2003 10:06:01 PM

Post# of 23712
Bob, I agree.
They're mostly concerned right now w saving their own sorry little arses and piles of shares. Shareholders are the last thing on their minds right now....not that they/we were ever on the forefront of their consciousness. Truthtelling right now would likely catalyze further selling, cause downward spiraling, and scare off any angels/scavangers/business partners on the horizon.
The boys are in scramble mode, trying to salvage what they can....and I'm sure as logs speculates, that fingers are being pointed everywhichway. We're not likely to hear anything officially for awhile, till the muddy water settles, and there is either a glimmer of hope, or the next/last scam attempt is initiated in order for them to pull whatever money they can off the table.
Right now I'd speculate that there are equal chances that we lose most/all, or recoup a decent percent of our investment, and only a small chance that we make any significant profit.
That's why "they" say to pick about 10 of these speculative investments. If one or two fly, you look like a genius. If you only have one, and it dumps, you look/feel like a chump.
Harsh stuff. Yuck.
Best,
hockeydoc