Friday, June 08, 2012 9:03:20 AM
The insiders have no desire to build IWDM into a legitimate business, it is only there to line their pockets and when that stops, well the game is over and everyone moves on.
The lucky shareholders got to finance the insiders whimsy and hobbies all while watching the value of their IWDM holdings tank. IWDM has not had a sustained uptrend ever. It ran to .68 but that was done in a few days.
Seriously look at the monthly chart for IWDM, since 2010 there has only been 3 months where the PPS was positive. 3 months out of 18...What real business owner or CEO or management team would let a company flounder like this.
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