Replies to post #58202 on Hong Yuan Holding Group (HGYN)

[mayerxx]

I recommend before investing your life savings into a stock, max out an IRA. Never put all you eggs in one basket. Additionally, you haven't lost any money unless you sold your shares.

It is hard for me to imagine a company that has as much proprietary products as cerp going under. Someone will bail them out if they are unable to do so themselves, thus pps would be on the rise. Also, they clearly have things in the works. Perhaps it is taking more time than expected to complete.

[ruru11]

ajh,,

I am like you is invested in this stock though I admit it is money I can definitely lose without really affecting me. But it is a good amount of money.

Having said that, I honestly believe that things will turn out just fine. Remember on these boards almost all have an agenda so they tend to want you to think in a certain way... do not let anyone sway your opinion from your convictions about this company and its product... True that management sucks but this company will survive and you and I will be fine

Relax Bro a lot of what you see is smoke here

I too am not selling my shares and I look to add lower

[suprabiz2]

They wouldn't have gotten chapter 11 reorg plan approved. They didn't even have enough to cover daily operating expenses minus the debt payments. Chapter 7 liquidation was the only option but Scheer decided to not close shops and milk new unwary shareholders instead :)