I like the advice about putting the shares in a coffee can and burying it in the backyard. $375M is a lot of money, they are going to tell us about the different projects they are going to undertake with estimated revenues soon, this will drive the share price back up.
I was thinking about selling yesterday with $100 profit, but decided to hold to see where this could go. Well, after a full day of classes I log into scottrade and see that I cant buy or sell the stock. They told me the same thing everyone else did, that it was halted by DTC. They said it can be a week up to a year. So my $700 "investment" is now a real investment. I'm not planning on selling at a 50% loss and then seeing that the stock is trading at 10 cents 2 months from now. There is plenty of time for this to go back up.
I think our only concern is a reverse split. I think if we can get out of this whole mess without one, everyone will see a return on their investment if they HOLD.
Did you see ASFX after their 600% run up? The next few days the stock tanked more than 50%. The high on that 600% run up day was .01xx, it traded at .08 cents yesterday. So even if you bought it at the high of a 600% run up back in August, if you had the balls to hold it for a month through all of the red you would have 7-8x your money.
This is the way penny stocks work. HOLD YOUR SHARES, MORE PRS ARE COMING AND YOU WILL MAKE MONEY IF YOU BOUGHT IN YESTERDAY
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