Thursday, July 21, 2005 9:57:33 PM
What's so odd about that. I was a true believer.
Saw the PR on Monday.
The willingness to fleece investors and putting off filing any documents with SEC that discusses Nowauto operations until the 10K next April turned me off.
Add that to not seeing many cars sold at the Nowauto.com website since April. To make sales predictions of 300-500 cars a month, Sunburst would have to sell a minimum of 290 cars per month. Not likely.
Saw the PR yesterday and it sealed it. 1-1.15 for FY2006? Amazing prediction that seemed to be designed to halt selling pressure.
I'm not a true believer anymore. That is not to say I don't hold any stock or will not hold more or less in the future. In my mind, this is now a trading stock. Not a long term investment.
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