Friday, July 18, 2008

Nate

If it's scaring the heck outta me & you, imagine the novice investor, NO WAY they can handle a shakedown like this IMO

2 comments:

Nate Stephens said...

yeah, considering the range of price in the last month, you have people out there who could still take a large profit right now, and might be out of fear. then there might be some who have already lost over big and decided that's enough. i'm sad that we're all almost down 50% (not yet, but getting there), but i still don't have any real reason to bail other than fear. i just really want to hit that $25 mark in my portfolio, and this isn't helping at all.

Latviski said...

People who jumped on in the .03's and .04's are probably shaking in their boots right now.

Another thought I just had - Eugene sells 1.3Mil shares at ~.024 knowing that his co. is producing yet stock price being driven down artificially...gets 25mil in options...if he knows this thing is going up, that's prob. a smart move IMO; booking some $$ now and setting himself up for even bigger gain later. JMO.