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Re: Fetter post# 21258

Wednesday, 03/12/2014 4:24:59 PM

Wednesday, March 12, 2014 4:24:59 PM

Post# of 36806
Fetter, well congrats and welcome to the 100M club and bless you for having the wisdom to load the .0001s over the years and get your average cost down to .0025. You and DannyD are great examples of how to make lemonade out of a lemon, and I'm sure there are a number of others as well. Although I do recall one of the long-termers here decided to diversify his account by selling 10 million Ceteks at .0001 several years back....Lol

I don't wish to tip our hands too much to the market makers, but with some of the huge accumulation by several of the newbies here and a number of the long-termers, including myself since 2004, massively scooping up the .0001s in recent years, that we may have 15 or 20 or more members in the 100 million club and we probably aren't too far away from a major lockdown of whatever float there is. Just goes to show it pays to do your DD and to act on what you know, rather than waiting around for the PR.

Assuming it's a PR and not a buyout, that PR will probably say that the revenues are $10 plus million, and that he has 45 employees, that the share count is a couple billion less than advertised years ago, and he is currently adding six highly qualified and compensated people to fill a new major or several large contracts he has recently received. But HEY...didn't we already know that? Isn't it already out there on the internet?