Those of us who are "in til the end", "down with the Titanic", have believed in the revolutionary wireless technology that CAWS was perfecting and has spectum rights for. However, in the conference call, we heard that CAI is really backed against the wall, in trouble, and considering "restructuring". So, at this point we dicide that we had just as soon lose everything as to get out with so small a percent that we had invested. I think that most all of us at this stage would not take a chance at this time on investing more money in CAWS. I think our chances are so small now, that I can't see how anyone would invest money into shares of CAWS.
That being said, who are the people who are buying the large blocks at this time in the .40 to .50 range? There was a block of 50,000 shares sold, and therefore bought, at about 12:00 noon. Who would be investing $20,000 to $25,000 in CAI at this time? Thhis puzzles me! Anyone have any thoughts?
Seems like a much larger gamble than being at the craps table in Biloxi!!
VanGo101...Van |
