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Re: lbdave post# 185553

Monday, 04/16/2012 10:27:19 PM

Monday, April 16, 2012 10:27:19 PM

Post# of 241031
Lbdave....can you explain your definition of DD? I ask this cause I find it very confusing what I have been reading over the past year or so...it seems people play the "do some DD" card wrong....

It seems that when a particular investor "doesn't see Eric's bigger picture", they are told to do some DD............but on the contrary, doing DD would tell you "Stay Away"..........looking at the charts, looking at the Financials....the broken promises and lies and fail expectations....the Longs should be encouraging people NOT to do DD...

I personally think some have DD confused with "Hopes and Dreams"....For Example; someone objective says "At this current dilution rate...WNBD has a higher probability of going BK than ever becoming profitable"........(which undoubtably is true)....But then you have the token long(s) who state(s) "Do some Due diligence and you will find out that we are doing great. Listen to the CEOs interviews/conference calls, read the blogs and memos and you will see we are in better position now more than ever to succeed!"...........

What!? Lol...Are we reading the same material?...The DD you tell us objective investors to do is the same DD that would scare the average newbie away! Unless of course you are trying to stuff your hopes and dreams down our mouths....hmmmm...I'll pass.....I'm still full off of Eric's main course....and he never fails to keep me full blog after blog....

So note to all....when a Long tells you to do DD...they really mean..."Please blindly believe my opinion because I have no solid proof or evidence of verifiable growth so I occasionally throw a few of my hopes and dreams at your face by telling you to do some DD."