Replies to post #5067 on World Surveillance Group Inc (fka WSGI)

[pitbull74]

and i fell 100% of bass' painful thoughts currently. but if one cannot add here aka avg down then one must hold or sell at a loss and attempt to move the cash to another play for success right? what else do we have here go nuts? not me...pit

[pitbull74]

(typo) and i "feel" 100% of bass' painful thoughts currently. but if one cannot add here aka avg down then one must hold or sell at a loss and attempt to move the cash to another play for success right? what else do we have here go nuts? not me...pit

[mitchell66]

I dont buy the shorted concept, I believe this company has extreme debt, alot of dreams but value on paper is bad, it generates revenues true, but it cost the same amontto generate the revenue. Strat is an unproven concept, people buy on fact. PPS will probally be even around 1.00 if we are lucky, I dont understand break even by 3Q, the debt is huge and now even larger with the loan. Hotzone no revenue, strat no revenue and VOIP revenue and costto produce revenue equal. BOD dont quit 1 week after getting re-elected. The only truth I have seen have come from the so called bashers.JMO

[d33c4f]

Sebass, i believe we're here because..

Of normal market factors.

We went up 500% in a few months and are now working it off, just like last year

People take profit
Simple as that

My bear market comment was refering to the broad u.s equity markets.
Once this cyclical bull market from '02 dies, and the bear from 2000 resume the otc boards will vanish
No money is going to flow into storyboard dreamers in phase 2 of the bear market

Not to say the rest of the markets will do much better, but money will still flow

As for gte, you can't say one or the other
It's all about timeframe

If you're looking from the start of '05, then yes gte is in a bear market
But if you go out 2-3 years we're in a bull market until the bottoms get taken out
If you go back to 2000 we're still under those highs