I doubted this all along. What a bunch of liars..The only comfort is that the worst is behind us(assuming they are not lying this time)..We may see some emotional trading today to mark the bottom..read this post once again..
Posted by: STRONGUS In reply to: euniverse1 who wrote msg# 38251 Date:5/4/2007 11:48:50 PM Post #of 40176
My thoughts on EFGO : Yes..The ever increasing supply of shares is the problem here imo..That is what is stopping this stock from going up even after we innocent investors pour our hard earned dollars into this day after day..Even I had close to 70 million shares at one point and that was before all this new supply coming in..It is well documented here that I didn't like the a/s increase and got out..I bought back a few millon shares before the cusip change for the short squeeze bounce..A decent bounce came but I didn't sell coz I wanted to keep some money in this stock..I violated one of my guarding trading rules by doing that. We could have got a much bigger bounce if they were not selling into that run..If any one is thinking that they are not diluting into all these PR-a-Day campaign should get their head examined..final world of wisdom..all this doesn't mean that it won't run from 0.0006 to 0.0012 or 0.0005 to 0.001..it might very well do that..market dynamics decides all that..we shall see when..let us hope next week brings the best..God bless.
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