Yes, that's the one thing I also don't get. It's fine to sell out your position in a company because you've given up on it or are no longer satisfied with it's growth/progress, but why hang around and continue to post on the message board? If I no longer had any interest in investing in WNBD, I would no longer hang around the WNBD message board.
The people who still hold positions in this company, I suspect, is a dwindling group of core longs. But if your a true long, you should be RELISHING these prices, as I am. Whether or not something is a BAD investment or a GOOD investment (which happens to be severely undervalued, imo) is open to interpretation.
I'll use an admittedly poor and insufficient analogy, but do so because I think it somewhat gets my point across:
The housing market has tanked recently. Houses are being listed for 1/3 and in some cases 1/4 of their peak value. If you were to purchase a house at such a price, would it be a good investment or a bad investment? The house is undervalued from a certain point, but there's also the possibility that the price of the house could drop further in value...Most people would consider buying a house right now a wise investment.
Now you have to look at WNBD as an equity investment. Is WNBD house-like? Does it contain a foundation, (product) walls, (sales growth) and a roof (investors ;-) ). Just because the house might need a fresh coat of paint and some landscaping doesn't necessarily mean it's not an attractive investment.
Is that house undervalued or not? That's for each investor to decide...
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