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JohnCarroll3

05/14/09 1:16 PM

#24136 RE: 2late2trnbck #24133

I am not someone to advise anyone on these matters; but the price of a stock has only secondary relationship to fundamentals. It's price is really just a measure of trust. Many things contribute to that trust including fundamentals. But also, experience of the buyer and the company, rumors, inside knowledge, future prospects. I mean after all, we don't get a dividend from this thing . All we get is a prospect that someone else will trust in this company more than we do at the time when we decide to sell it. Without a dividend stocks have always seemed a strange bunny to me. You don't really own anything useful, what you own no longer does the company any good--having sold it. All we own is a measure of trust.
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concop

05/14/09 1:21 PM

#24137 RE: 2late2trnbck #24133

i hate to say it but i agree too, 1 billion shares to 3.4 billion shares in four months, then RS probably 100/1 (im sure they know exactly how much the RS is by now, someone had to run the numbers considering thats what the CC was about, RS or BK) which means if you had a million shares you will only have 10,000. but then to further punish the investor they can dillute another few billion shares since AS doesnt apear to be affected by the RS.
but newbies will buy on the "good news" tomorrow and the pps will be around .02 or more so i will probably sell most of my remaining shares (which are only at an average of .0011 per share) wait till the RS then buy back in.