Harvey,
With all due respect, if this thing does melt down, any price is worth it! The news is not good at all.
It is difficult to tell anyone to sell out at what might be the bottom, but there is a discussion which must occur NOW.
What's the risk in this stock?......100% of your money.
If the company has no plausible answer for the news, it's hardly worth sticking around. The value of the CD seems to be questionable, and the auditor resigned because they offended someone? Give me a break!
To all shareholders...you will need to make an executive decision shortly. Remember, something is a whole lot better than nothing. Ask any SEXI holder who is still holding the stock. Their rationale was " Why should I sell this thing for 75 cents now? I've lost so much already." They have now lost 74 of those cents. It's all money.
Bear in mind also that, if you sell, you can write off the loss as long as you do not rebuy the stock for 31 days. Could it take a month for the dust to settle? You Bet.
Not sure where this will open (or close) Monday. Best of luck to all.
I did try to warn you.
I believe this company has more they are not telling you, particularly about Mr Zayed. I would like a clarification on the "youthful exuberance" BS. I would like him to tell you all personally the nature of his criminal past. |
