Joe . . . I have been following this board for the past three years, and do remember vividly the promises that management has made. In fact, I have used this company as an example of what can happen when management fails to follow through on their promises to other novice investors I have come across.
I remember the set top box promise . . . I remember the fantastic reviews of the Las Vegas show, etc . . . I remember the "hey we need to redesign the kiosk" fiasco . . . I remember . . . "We NEED to get this thing out by Christmas" pleas . . . I even remember posters frantically asking whether "they have seen a uniview" and as soon as somebody buys when, "Hey give use a report on how it's doing . . ."
While it's true that you have been through alot, the most amazing fact that I have witnessed is how the hell this company has starved off bankruptcy for so long?
And yet, every once in awhile, they'll fire off a news release and the stock will jump 20, 30, and even 60 percent.
To be honest, I once invested in CRTM, but fortunately go out with only a few hundred dollar loss.
The gambler in me says buy a 1000 shares at 2 1/4 and sit until then next major run up to 3.5 or 4, then dump them and await the next time the stocks drifts down toward these levels.
But theN I realize that this game called the stock market is supposed to be for the long haul . . . and I'm better off putting the $2250 on Red at the Roulette table at Caesars.
At least then, I have a 50-50 chance of winning and don't have to put up with management that is less than reliable and couldn't care less about its shareholders.
I enjoyed going over the history of CRTM and UVEW . . . and wish you the best of luck. If UVEW does ever become a 10, 20, or 30 bagger, I won't be sorry I missed the boat. I will, however, be thankful that you hopefully will have gotten your just reward. |