No, I don't blame FJ or anyone else that bailed. At that time things looked very bleak. Some of us held, whether that was a good decision or not is yet to be determined.
As far a valuation and entry point, that also is to be determined. It would seem that some things are in the works, what exactly is the question.
IMO, this is no different than buying a shell on the assumption that the company buying the shell will bring value. Some people, risk takers like myself, buy early and hold, others wait for confirmation and pay a higher price. It's all a matter of one's risk tolerance and style of trading.
What's a good price? HMM, once again a personal decision. I don't give investment advice since I don't have the license to do so. You either decide for yourself or pay a licensed broker to advise.
Anyone asking a message board what a good entry is, is either disingenuous or naive.
I'd say stay on the sidelines until you have learned enough to make a decision without asking others. Remember that in any investment, whether it be big board or pink's, you are liable to lose all of your investment. Just ask those that invested in Enron or Bear Stearns and many other big board stocks.
Message is not intended for you in particular but rather in general.
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