Good morning, all. Now that Black Tuesday is a
memory, maybe better things are ahead. Unlike the
majority of you who jumped ship like a bunch of
lemmings and who got pennies on the dollar for
their trouble, I'm still holding. No, I am not
long on GIFS, just long enough to make some money
on it.
Must private investors do not do very well because
they almost always buy high and sell low. GIFS is
down but not out. GIFS is a shell company. A
better term would be a holding company. It does
have some assests. It may have even a lot of
assests. None of the information I have seen leads
me to believe otherwise. The company, I believe
is not a total fraud. Don't let the low share
price cloud your judgement. Many of you where long
on GIFS prior to yesterday. What made you change
your mind? Why do you think GIFS was considered so
undervalued to begin with? It is because this
company is shady to begin with. Nothing new was
revealed yesterday. It is a bb stock. What the
heck did you expect? So some court action, legal
manuvering etc, disputed shares etc. So what?
This is American, highest concentration of
attorneys in the world. I give GIFS good odds it
will be able to work itself out of this mess.
BB stocks are not for the faint hearted. Show a
little backbone. Only time will tell if I'm right.
Too late for you. |
