Great post. Best summary of the activity of MC's post I have read all day. I agree on all points. I think he was just being honest and he had no idea that the stock would sell off like it did and I read he was "sickened" by the end result. Although I respect his opinions, I did not reach the same conclusions that he did and therefore I didn't sell, I personally wish him well.
"Bright side a number of shares that were in the pennies now have a value basis in the .80s and .90s."
Very, very true. Today is just a blip on the radar for the longer term investors.
Ok enough pls. Been here since the start. You guys are making this sound like he was the almighty. I liked alot of his post and some i didnt. But either way, weather he did it to buy lower or did it to let those who he felt he needed to let know it is what it is. I mean be real if one of the major holders i.e. the banks where to sell off and by the way if you recall some did early on. we have had sell offs befor and alway recovered so i say lets go CEMJQ