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Muskett50

07/29/13 11:18 AM

#4070 RE: PennyStockYoda #4066

Someone is playing the fear IMO and creating a short position here
in hopes of .02 cover.



Secco, you may be correct on that, however if someone was shorting wouldn't they have done that before it tanked.
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industrialist

07/29/13 11:25 AM

#4072 RE: PennyStockYoda #4066

Secco, nobody is playing the fear game. They are using their heads and dealing with this financing as a smart trader would do....sell and leaving this junk alone. I absolutely loved this company when I bought it, but I like to think that I'm not stupid. No offense, but you just have to be plain stupid if you think there was anything good about this financing deal. If the company had anything good going for it or any type of partnerships that were looking like they might work, they wouldn't have been on the brink of losing all their money and being broke. You really think GE would leave a company go broke if that company is helping them save 25 percent timing on inspections of a multi billion dollar engine order?

Come on. Just think a little bit. The deal this CEO made was telling shareholders to "get out now, because we've got nothing going except going broke..." That's the only way a savvy investor can read this think now.