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coopaloop21

02/15/13 2:51 PM

#31695 RE: ogkw09 #31692

believe me, i'm not that naive that i think they will go zero debt any time soon. years for sure....but I have to think that if they can start operating at a profit then they will be able to stop toxic financing all together and the lenders will run out of debt to collect eventually....thereby allowing pps to come up. the quarterly financing reports don't lie and we shall see when/if they return to profitability. thinking in terms of a long-term investment (1-4 years), which i am, i see a very high reward to risk ratio considering the price of these shares right now. If i was looking to sell this stock this year sometime then I'd probably be crazy, i get it...they are in a rly bad position with debt and negative sentiment. That's the very reason why I'm buying now and not when it turns around, because i want the .0001 price. also, i don't think there will be another r/s soon for reasons i previously mentioned in other posts. if there is...then I'll just sell right away and take a little bit of a loss then buy again when it bottoms

p.s. the age of the management team concerns me a lot. usually when groups of men start getting 60-70 they start dying or having complications that prevent them from doing their job properly or simply seek retirement