A must read from a Texan we all know (i know you're not originally from there). And not that it matters coming from me but I do agree with him on this. I actually sought out his opinion on it this morning.. Any way here you go. ATRN
It is my sincerest reiteration when I say that something will occur well before a lawsuit could ever be effective in this matter. I firmly believe that 'something' will be very positive for those that can hold. I feel for the many that are down on this play as I am still up in the 100%'s. It is a difficult matter for me to give anyone advice at this time. I can still say this, as I have mentioned to many people over these last months, we simply own too much of the stock. In other words, we have hijacked this company as far as the available OS. I am comfortable with my DD. I am very uncomfortable with the actions of many on both boards over these last several months. Why did you buy shares in ATRN? Was it for a bottom play? A momo play? A sound Investment tip(lol)? When did you decide to hold? When you realized that they were a NASDAQ National and were only going OTCBB temporarily while they cleaned house? When you found out the guy running this show sold Skype, not only once but twice!!! When you were down? When did you decide to sue? This is the big leagues and there is no place for crying on the field. Either you can hold or you can not. It is one trade and nothing more. Unless you decided to marry the stock at some point over the last few months, it is only a debit or a credit to your overall portfolio. As a broker, I would eagerly tell any client the simplest rule to trading was to trade the top 5 heavily shorted stocks on the big boards. Go make your loss up, it is that simple.
For those that consider the lawsuit in the US on this matter,
I am not even going to get into the Fiduciary Responsibility issue with the CPA's here:
1. How many attorneys does ATRN have just on the BOD?
2. How many of those attorneys maintain their bar card?
3. How many of those attorneys want to surrender their bar card?
4. On the BOD, both past and present, how many have relationships with investment banking houses?
5. Of those investment bankers, how many securities attorneys do they have access to?
6. Of the Market Makers that are contracted with the Investment Banking houses, how many SEC versed Securities Attorneys do you think they have access to?
7. In regards to BDLN, How many $100's million dollar lawsuits do they have going on currently doing what they do best?
8. This list can expand and it should. Take a personal inventory of why you are here. Write it down and draw a line straight down to the bottom of the page. Write the positvies on one side and the negative sides on the other. Tally up and you have your answer.
Dave
AI
