Seven Arts Entertainment Inc (SAPX)

[sbc357]

That is the biggest misconception touted on these boards!
You loose BIG time when they RS if you do NOT sell. Those shares you hold through a RS for a diluting pig like this will NEVER become the value they were at when they RS this, especially not from the first RS.
From the first RS: Those people, if they NEVER sold, have LOST and LOST BIG! - Almost every dime of their investment.

So, the TRUTH is, you will likely LOSE BIG if you do NOT sell!!!, but you need to time the sell appropriately to salvage as much of your investment as possible. Many here, me being one, happen to think that the time to sell is after they finally announce the extension. The pop created from that info should prove to be a nice exit opportunity before they dilute it another 500% and then RS.
Point: Be VERY CAREFUL with companies that behave like this and be nimble - ready to sell when the surprise hits. But of course, that is when they halt trading, LOL, and then you CAN'T sell. They halt it because they do NOT want you to be able to sell (or buy) until everybody else gets their ducks in order.