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tj902

08/09/06 10:43 AM

#11462 RE: legolambazoid #11460

You make a good point, however the big difference is that pro teams change team members over time. If you have players who aren't so good, they retire, are traded, etc. In the case of CTKH, we have a CEO who is still the quarterback after all these years, and has yet to have a winning game.

I think Orange is only trying to point out that so far, FH has managed to lose a great deal of investors wealth by dilution and operating losses in the past, and has yet to show us a game-winning performance of any kind. I'm not saying that it can't change, only that based on what he's done so far, things don't look so good. Most of us on this board invested in this stock at some point above where it is now, and thus are in a loss position. I'll be the first to admit that I didn't do enough DD before buying, but was taken in by the company's PR's. That being said, I never invest in sub-pennies with money that I can't afford to lose. Would I like to get out? Yes, I would and probably should, but my down side is very limited at this point in that I've already lost 75% of the original investment.

I'm not a basher or a pumper of this stock, I simply own it. I'd love to see it go up such that I'd be in a profitable position, but the facts are that if you invested in this stock at most anytime in the past, you are most likely in a loss position. And no matter what I say about the company, good or bad, it will not affect the company's financial performance.