well, well, well. I as many of you are stuck here in this trade from different levels and all the way down to 0.0001.
Should we be in this situation? Of course not.We should have known better. Should have sold with a small loss and should have moved on.
So many other plays to make money on!!I guess it's a male thing. You get into a trade convinced you made the right decision and then the trade goes south on you. That can be hard to take....
All this being said what is next? How long will it take for this stock to move again??
I don't know.It all depends if something is in the works.The next PR when and if it comes better have a lot of meat or this will not move.
The amount of shares that I hold is small in comparison to those who hold hundreds of millions of shares that hit the tape this last summer.Who holds all these shares? Why did they agree to accept them from a company that had nothing promising on the horizon? Were the shares used all to pay debt, and if so maybe the note holders took them because there was nothing else to be had from the company.
Lots of questions that we need answers for.One thing is for sure.
With no PR's of a complete merger we will stay at this level.
If and when we will get a PR of a complete merger then we will know what type of a pop we will have and if it is sustainable. All that will depend on the float and the strong/weak hands that hold the stock.
Until then we just wait. The hardest part is not knowing when and if something will take place.
I challenge those of you in this trade to tell us your opinions on where we go from here!!
Oh and one more thing....no more Bermuda .....stories!!!
News 
Market Data 
Discover 
