DM,
about throwing good money at bad money.....it might be wise to read it before you make that purchase at .03. I will not even think about it until tg is out of the picture 100%.
Good point, I was referring to averaging down, where it is often better to take your loss that try and recover by spending more money.
At .03 and under though a number of risk factors diminish. At that low a price selling stock to fund the company isn't really feasible, it just takes too many shares to make any money. Likewise for short sellers and/or CD holders. Usually they want to start covering at that point as opposed to continuing to sell at high levels. Not enough profit for the effort required.
Like it or not AVBC is structured so that it can't be taken from TG unless he wants to give it up. If you want to play this game you have to play by his rules. By their own admission several long term players have made money with AVBC. Buying when the blood is running in the streets and selling when things look better. At .03 and below, TG or no TG this would be a small buy. I wouldn't throw big money at it, but a taste before has been very profitable. Somehow TG always seems to raise this from the grave. maybe he will again. shortly after the RS the stock bottomed near .12 and just a few months later was pushing a dollar.
We might go for quite some time before we know anything about production, in that time we could still see lower prices for the stock. But if Production kicks back in we could easily see a run back into the mid teens or maybe better.
I'll buy at .03 or below and sell at .15 regardless of who the CEO is.
David Weed
aka the Bird of Prey
www.warp-drive.com
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