I'm interested in the trade. Could care less about who the execs are or whether they frauds or not.
Here is a discipline that has served me well:
No stock, regardless of history, management, or cyclical trend should ever be discarded entirely, forever.
Eventually, even the worst stock will prove a price to be undervalued and therefore offer reasonable upside potential.
Following this stock and commenting on it is nothing more to me than filler for the in-between. Following and commenting on this stock fills the time between discovery and action upon it.
At $0.0038 the stock was overvalued.
At current prices it remains overvalued.
I believe that as the stock approaches the $0.000X's it MAY become more attractive as a trade with upside potential DUE solely to the trends that debt and equity financed company's and their underlying stocks often follow.
The reason I have more posts than others? If that's true I'd say I ask a lot of questions and try to answer some or otherwise just compare notes with other traders.
None of this is to say that I'm GOING to buy, rather that one of the disciplines I follow suggest that there may become a point in time where I feel the stock is undervalued and upside potential is greater than downside risk.
Now... Exactly what part of this message board TOS says I must own the stock or be short it or otherwise have anything more than "just an opinion" in order to participate? Where's the TOS that states I must have more than a discipline to participate in conversations here?
I don't know if I've helped anyone here. No idea. But I know the stock has lost some 60% it's value since I started watching it...and it'll likely lose another 60% before I reevaluate its merits.
