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Namerehwon

09/30/10 11:45 AM

#17674 RE: LODE MAKING ME RICH #17673

lmao, funny how those RS's can destroy a shareholders value, and bring emmens dollars to the company bosses.
Again, typical, not of IHub, but of how business management can fleece the public, and of course get away with it.

The lessons I am learning here, I'm getting closer and closer to starting my own company to fleece the public with so I can make back all the cheeze I've lost,lol
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aries4747

09/30/10 11:57 AM

#17676 RE: LODE MAKING ME RICH #17673

PAST transgressions, IMO, are providing today's Opportunity to recoup previous losses, okoil. The DTCC Chill that's limited the float and shut down any current dilution possibilities is probably the result of some actions you've described. However, for right now, in the PRESENT, the stable float and OS is a trader's dream. I, too, have shares (11,792 to be precise) from before the last R/S. They'll never be worth what I paid for them, but I'm throwing them in the pile with my current shares and already I'm ahead. Just my opinion and my way of playing Pennies.
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CollegeGrad22

09/30/10 12:12 PM

#17682 RE: LODE MAKING ME RICH #17673

The situation is much different now. Back then the company diluted like a mofo. They cannot dilute at this time. Also, with the O/S at 53M and the float at 7M, there is no need to do an R/S at this time! Looks like your timing was off when you bought this stock. It happens to all of us at some point. However, the whole penny market is based on timing. You are either on the good side of the trade or the bad side.