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Re: Honolulu Trader post# 6434

Thursday, 11/01/2012 1:39:08 PM

Thursday, November 01, 2012 1:39:08 PM

Post# of 9229
The effects of warrant extensions are a general market phenomenon.

The other posts are a specific point in history BEFORE the SAIC/SAT tax filing reconciliation in the exact same year where many RTOs were exposed by shortsellers...

That is now history...those that have verified tax filings and survived without being targeted and brought down by shortsellers, and whom have not diluted shareholder value into oblivion are few and far between.

The vetting process timeline varies from one stock to the next, depending on what steps the company has taken.

Again, I stand behind what I said. Also, FWIW, there was a crescendo of sentiment in 2011 against all China stocks, and this type of herd mentality affected me just like it affected you, until such time as I began to see some stocks take the necessary steps to "separate the men from the boys", or the legitimate companies from the scams. Herd mentality is everywhere - both in stocks and in politics...off topic, but as an illustration - look at the percentage of congressmen and US citizens who now believe it was an incorrect decision to invade Iraq at the time we did, based on lack of justified evidence presented to link Iraq to 9/11, yet back in early 2003 everyone was all about being gung-ho and starting a "pre-emptive" war without good evidence and without even the support of the UN. Sorry to diverge - one can have any opinion on that matter - the whole point is that "herd mentality" can drive people to judge things quite differently than they would in the absence of widespread shouting of opinions by news media and the public.
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