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Duke2010

11/05/10 5:01 PM

#4564 RE: crunch55 #4563

Thank you Crunch...I was going to ask the same but figured one of the reliable posters would question what he said better then I. Merry Christmas Everyone!!!

Duke.
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ih8aloss

11/05/10 10:37 PM

#4569 RE: crunch55 #4563

He's talking about the venture capitalists who are more than willing to take the company from you. Barrymore is right and management hasn't approached them just for that reason. Management wants to maintain control of the company. It was explained to me how they work to drive the company into the ground and they somehow benefit. I don't remember how. Barrymore should be able to shed light on the details. Management knows their tactics having friends in the business and that being the reason they don't want anything to do with the VC's. I think they do it by selling into inflated news, unloading all their shares and dissolving the company walking away with a nice profit and the poor investor that didn't do DD left holding a worthless interest. Barry is also right that the stock has a high probability it isn't going to go straight up without making a few detours along the way. Following a bell curve that would be true, the question is, does this company have the marketability to be on the far right of the bell curve? IMO we are very near the far right side, but that's my biased opinion.

Starting with the 10k we should get an good idea how we come out of the starting gate.

GLTA
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barrymore

11/07/10 2:55 PM

#4581 RE: crunch55 #4563

That game of life, called snakes and ladders. Made by a very informed person, who knew that most of the apparent ladders in life are just well disguised serpents.

Very few people of wealth will back something that is so contra institutional. Gotta be vewy, vewy careful.