Replies to post #44168 on Grapefruit USA Inc (GPFT)

[stockmasterflash]

Look at the trading of any BK company out there

People buy insolvent companies. People hold insolvent companies. It boggles the mind, but it happens. If they liked the stock at $1.95, then .09 is a bargain. It never enters the thinking that it can and probably will go to triple 0's or even ZERO.

I've seen a few posts here over the past week that say to the effect that they've lost so much money here, it's not worth selling. If it were me, I'd sell even if I netted a buck on the trasaction. I clip coupons for groceries, why wouldn't I preserve any dollar I could

Remember how long it traded at .15? Several months. Hasn't been anywhere close since then and looks increasingly unlikely to ever do so.

I follow 2 companies here on iHub that have no business operations at all for years. They've completely ceased to exist. One even put out a press release to that effect when they quit.

Both still trade

[Lambster]

Homer, I have already said many times I am in until the end. I bought in at different levels, and didn't get in on the gold rush when people bought under 10 cents a share and made a killing on the run-up to $1.95. I got involved after that, so at this point, although I should cash out and take the crumbs that are left, I am just not. I guess it is kind of like a HUGE long shot at the track. I shouldn't have bought the ticket in the first place because everyone on the planet knows that nag is not going to win, but I am going to hold that ticket just in case some miracle takes place, and I don't kick myself should it happen.
I did not invest more than I could afford to lose, or put my family in jeopardy with this loss, so I am riding it to the end and taking all the lessons that go with it.
IMO, most of the positive remarks you hear about IMGG comes from those that already made money, and would like to do it again, so their attitudes are much different than those that bought originally to see it through to FDA approval. And contrary to some people's belief's, I strongly believe Dean influenced many people's decision making with his failure to tell the truth regarding the true status of the DVIS and the correspondence from the FDA.
It's easy for those to say, if you don't like the stock, just get out and go away. I did like the stock, and I trusted the guy running the show and all his BS of which none has come to fruition yet. In the mean time my investment tanked big time. I thought logically why would a successful man with so much going for him publicly mis-lead investors, and risk his freedom. Well, come to find out it is because he can, and laws that I thought were in place I either don't understand or they are not enforced, so lesson learned for me.
I will just stick to betting sports in the future. At least I am knowledgable of that, and I win some lose some, and get a lot of enjoyment with it. This is just nonsense. It figures one of the only stocks I have ever purchased, has the potential to be one of the legendary scams ever in penny world.