Friday, March 01, 2013 9:24:19 AM
I think we can all agree on that. Unfortunately, the stock price
fluctuations you can get with a SCAM aren't going to
happen here. IMO, this is a company that tried to make it, but
could not provide a product/service at a profit. It's a company
that has failed, which is quite different from a SCAM. The
typical price curve of a failed penny company is to hover at the
bottom for a long time, spike (this is when the company appears to
me "making it"), and then retreat back to the lows. That's where
this is headed. And where it will stay until delisted.
SCAMs are a little different in that they will continue to pull the
proverbial rabbit out of the hat and re-invent themselves, which
can lead to many stock price peak/valleys over time. It's
possible to ride these for profit or at least minimize loss. And of
course there's always the risk of getting caught in the R/S
tsunami, where everything is gone forever.
everything is my opinion
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