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Re: stylecounciler post# 426

Wednesday, 10/19/2005 7:31:26 AM

Wednesday, October 19, 2005 7:31:26 AM

Post# of 14027
I have been purchasing Grifco stock, based largely on projections of huge revenue streams from the jet motor, since early April. I first bought in the 38-39 range and then saw a "gift" in the price of the high teens. After all we were a few months away from the 20 million dollar jet motor. The company was buying back shares. I was thrilled, and averaged down. Now I'm still up a little. Dont want to lose what I've got, though and the story coming from Spring texas is less than smooth.

Anyone got any good reasons to hold? Besides blind faith that is???
CEO's lie, all the time, you know.