Replies to post #105806 on World Surveillance Group Inc (fka WSGI)

[cygnus_1]

Certainly people who recognize the risk and the reward should be buying now, it's a much more attractive investment now than when it was $3.50 if you look at the risk vs the reward. The upside reward is far greater from $0.065 to $0.13 or even a higher multiple than it was going from $3.50 to $7.00. The risk is just as great ( losing everything) but there is far less room to drop at this point and if you don't have a plan to minimize that risk by getting out, well then it's the investors fault again. Justfrank,is it the investors fault when the company outright LIES to it's shareholders? Please explain to all who read this message board,where is the upside?With all the lawsuits and SEC charging the company with fraud,show us the upside? For people only looking to the "upside" it must be painful that this company keeps providing nothing to make the SP move up, only makes upside investors bitter .

[pokestake]

It is one thing when a company says they are taking a product to market, people invest, and the product fails in the marketplace. That is my idea of downside risk.

You seem to imply that it was simply a matter of market timing. If that were all this is about you would be right. However, we are talking about fraud here. Lies and deceit do not add up to the kind of downside risk that this company advertised to the speculatively investing public, nor is what they signed up for.

I mean did they say, invest in Centerline, we forge receipts to show false revenues? No. So if the same kind of thing is continuing at this time are they going to advertise it? No, not imo.

I do not trust people who speak of Globetel as though it were simply a speculative investment and prefer not make reference to its history of fraud and deception, as documented by the SEC in detail. That kind of an attitude is suspect in and of itself, imo.