InvestorsHub Logo

eZ3

Followers 9
Posts 1638
Boards Moderated 0
Alias Born 12/22/2011

eZ3

Re: Pegaso post# 5988

Sunday, 02/17/2013 11:15:59 AM

Sunday, February 17, 2013 11:15:59 AM

Post# of 6295
Think about this, there are many stocks to choose from in "pennyland". Many of these are companies that file and have a legit business/product etc. YLLC for a moment in November had the attention of penny traders because of promos and what appeared to be an impressive list of clients, up to date filings etc.

Burgess ruined all that by diluting into the promo followed by not filing on time and then selling whatever they sold to this new company destroying investor confidence at least since Nov.

Whoever controls the company now will have to rebuild and regain investor trust (which will be tough). I decided I will take a %50 loss if this thing goes back up cause right now I'm down over %70...

So no I don't think it's insiders just traders loosing faith and patience selling for a loss or breaking even to move on to the many wonderful stocks to choose from and put their money in a better place...YLLC is not that place.