EDIT: Nevermind, I should have looked before posting:
OMG Think about deflation my friends. No pricing power and debts must be paid. Demand ain't there and can't raise prices for products. Per Stephen Roach deflation is the most damaging to a high debts economy. That's why Fed must and will again lower rates...all the way to 0.50%.
High debts companies will be in deep doo-doo next 2 years.
Softie, I missed your reasoning on why stay away from OMG. Could you elaborate or point to a post that elaborates? Thanks, gl
Softechie,re:your comparison of OMG to MIR;MIR drifted down from $30 to 6.50 over the period of about a year--OMG was there in 3days.Every speculative investor in the USA & beyond must have seen it...But,you have been right so far.If it goes to $1,i'll be there waiting for it...