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playa55

05/20/11 11:12 AM

#31462 RE: Motor City Trader #31460

Nothing is sweeter than seeing a 6.6% gain in CCME in my account. First time there has been a green number on that line in a long time.

UpstateChris

05/20/11 1:30 PM

#31509 RE: Motor City Trader #31460

I tend to agree. I have not sold any of my position, and it was not trivial (though that could be argued at today's price...)

Again, I assumed a total loss. And by this I mean I honestly did not ever expect CCME to trade again. I figured it would go dark entirely. The fact that it went to the pinks - and that the company still seems to be doing something - is interesting. Like Amy suggests, good things could come out of this. Oh no, I dont EXPECT them to, but I am not opposed. My rationale here is that if this was as big of a fraud as believed - well, damage done...why keep up the charade? Hire some local accountant/law firm at best, if you are even bothering at all. It is, and has been, a surreal situation for months. At $2 it really isnt worth it to me to sell...so I will hold off and let it do what it is going to do. My only real hope is to get an honest answer one day.