Well you have quite a pile of shares built up REED as do I.
Yesterday I questioned why I wanted more but decided today
based on that PR to add. Either we are complete fools or we
stand to make a small fortune with this company.
I do think there is a reasonable chance that XXIS could run
to .01 and hold it with the right news. You got to figure that
a $200 incremental order for a million shares could turn into
$10,000 should that happen. Then you apply your comfort level
and what you are willing to throw into the equation.
I was one of the lucky ones who happened to load up on spzi in the spring of 07 and sold for some serious bucks in less than
6 mos. I really didn't want to sell spooz but heard rather
clearly in August that STv2 was in redesign and would be delayed for several months. Sold 2/3 right then and then held
onto the balance until the fall when the news about Groves and
He came out. It was really hard to let go of those shares as
I did drink a heavy dose of koolaid along the way. Of course, I had no idea how it would all end up on 7-24-08 and was in
and out of spzi a few times on some swing trades but never to
see the kind of profits we once had there. This situation with XXIS I think is even a better opportunity than what we
had with spooz in the spring of 07. I am also encouraged that we do not see exaggerated claims from Errol Stone as to revenue projections like we had with spzi. In the case of XXIS
it is not hard to imagin that the money will flow into their
trading accounts in a New York minute if they can produce trading results anywhere near the 80% that milo brought up.
The pps IMO would go ballistic over time and if they happen to be a BB stock by then so much the better.