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EzzyMony

05/04/10 4:28 PM

#13415 RE: Uhhhhdel #13412

Anyone know when 1st Qrt. financials will be out as well as the current 2010 balance sheet. Those could be the ramp to sky, IMO. Anthing I post is my opinion and should not be used in making any financial decisions.
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daktok

05/04/10 4:39 PM

#13416 RE: Uhhhhdel #13412

Look, people get tired of selling their shares for almost nothing. If it does go to .01, it won't stay there long. It will pop back up. How do I know? Simple, it happened late last year and it went back up. The logic is elementary, my dear. 66 million x .01= $660,000 for ALL of the shares. But not all of the shares are available to buy, especially at .01. Even at $25 a share, not all will be available (95% probably will though). The point is, there is a ground floor. If it touches it, it will go back up. Then the people who sold will be wondering why they did.
Another thing is this: If you have dry powder, average down your investment even more. The lower the pps, the easier this is. Look on the bright side of this. After lowering your average, wait for a pop and sell some. You may actually profit this way.
Think about something else: If you buy at .01 -- .02 will double your money instantly. But at .02, you have to go to .04 to double. You see, it gets harder and slower to double your money.
Another thing is that MMs are playing their games today. I know, because I tried to get some and I had a better price and they ignored me altogether.