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Re: TheBunny post# 62749

Thursday, 09/13/2012 11:04:19 AM

Thursday, September 13, 2012 11:04:19 AM

Post# of 146250
I am not "convinced of the final outcome" and that's just the point. Some people here, while claiming they understand that this is a risky, speculative stock, nonetheless insist they know that the final outcome will be positive. On the other hand, if I was convinced that the final outcome would be negative I'd dump my shares right now, at a loss.

I see this a a crap shoot. My gut feel is that there is about a 40% chance of success. If so, this is a lottery ticket worth buying, since after success the stock will be worth a lot more than 250% of what it is now. But still, I see worse than even odds that this stock will go to zero. People with a poor grasp of probabilities and expectation don't understand why I would own a stock when I see bankruptcy as the most probable outcome. I hope most people here haven't speculated with more money than they can afford to lose.
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