InvestorsHub Logo
icon url

mdimport

11/28/11 11:47 AM

#60748 RE: Mr Wizard #60715

According to a certain school of thought SAVWE is a more attractive buy as it progressively sinks to lower lows, falls out of regulatory compliance, fails to generate revenues and generally fails as a company. That the head of this company has already pulled off a massive scam at another company he is CEO of is just icing on the cake.

If investors want to throw their life savings into a money pit, that's their prerogative. This is a smoke and mirror show, not a revenue generating entity. Well it's a revenue generating entity for Ike Sutton as he converts his debt.

The question to ask: Is it better to own hard cash to invest in a revenue generating business or million of shares of a company that's failing and with a known scammer at the helm?