"inch",
Why would you use .28 as reference? I don't think you can find anyone on SI dumb enough to have bought shares in LBWR at .28. Anyone worth their salt knows that the company was formed through a 504 offering, and not to get anywhere close to it until it starts trading sideways. If you don't understand the system, you probably should go back to the blue chips. This market moves very fast. So without knowing the cause and effect of each piece of the system, you could be in for a very rough time.
When the LBWR threads were established, the pps was around .10. Early excitement meant that many bought in the teens, including myself with one purchase at .135. Everyone and their brother has had plenty of time to average their pps down to .10 (yes, even SOROS), so what could the problem be? LBWR is fully transparent, filing timely reports, non diluting, Fortune 500 companies, yada, yada, yada. They gotta be as good a safe shot as any other pink in the land, to get that 10 bagger in 2007. They are expected to sign more deals, get the AF's, and reduce the o/s. Now, I'm no expert, but that sounds pretty good to me.
But do us all a favor. Don't buy any.....get some more Starbucks or something.
GodBless-ND creede |