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florida135

04/23/10 12:17 PM

#9253 RE: Tamas Nagy #9252

Until they sell the other 9 billion shares to reach their 20 bil. share limit of outstanding shares, I can't see how this stock could possibly go up. Most companies don't attempt to sell their shares as quickly as GERS does, so their stocks can have an occasional rally, but our C.E.O. has only one thing in mind, sell, sell, sell !!!!! Any news they release only draws more selling, so how can it possibly go higher ????? Short or near term, nothing is going to happen price wise, unless it drifts even a little lower. I really wonder just how many other folks have been burned in this stock. There must be plenty. Sad to say, many more will probably follow. I'll keep my shares until they are worthless, but I wouldn't even consider buying more here at any price. Florida