Monday, May 27, 2013 12:42:40 PM
Another thing: when KATX went to almost .25 a share, there were maybe a tenth of the number of shares outstanding as there are now, and maybe ten times the assets in the company, which have since been stripped. Therefore, approximately 99% of that value per share is lost. Lost, whether you "realize" it or not. Just holding something does not make it worth anything.
But that's KATX, and this is the BVIG board. How much have people lost on BVIG by not selling it as soon as they could? A lot. Maybe as much as 95%, in a short time. BVIG will never make money, unless it's by pumping and dumping stock, like KATX did. The opportunity for that is gone, since the SEC basically made Kennay come clean before spinning it off. He hasn't even bothered to keep the filings current. Another loser. Again, holding something does not increase its value.
As long as you're holding anything Kennay is selling or has sold, you're losing money, or have already lost it, whether you "realize" it or not.
But that's KATX, and this is the BVIG board. How much have people lost on BVIG by not selling it as soon as they could? A lot. Maybe as much as 95%, in a short time. BVIG will never make money, unless it's by pumping and dumping stock, like KATX did. The opportunity for that is gone, since the SEC basically made Kennay come clean before spinning it off. He hasn't even bothered to keep the filings current. Another loser. Again, holding something does not increase its value.
As long as you're holding anything Kennay is selling or has sold, you're losing money, or have already lost it, whether you "realize" it or not.
A good bottom's hard to beat.
e
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