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FTW

04/21/11 11:42 AM

#107771 RE: banyon #107770

averaging down doesn't really help when it never goes up at all to balance out. its just making a bad decision to buy more at a lower price, and then the share price goes even lower than that (as we can see from the price trend and the quotes).

People need hundreds of millions of shares at the point for that logic, and still are wayy red. And then if this were ever to go back up, the vast amount of selling that has to go on to actually make a profit in one's account...

Can't we just be real people and stop pretending that a person averaging down from .01+, compared to a person on the sidelines, is in a better situation. It is mathematically not possible.

It's not like we have a tiny float that huge news would jump this thing 1000%+. There are billions and billions of shares to buy, whenever one wants.
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Dale C

04/21/11 1:56 PM

#107789 RE: banyon #107770

It wasn't sabotage it was suicide. With the money they gleaned from those new shares they could have built the cadillac of pbr systems properly engineered but they didn't. Instead they are deep in debt and the walmart special pbr belongs to some desert rats. I would not give them the sweat off my nethers much less put new money into that black hole.