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Pastimes : Pastrami on Rye
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To: Mike McFarland who wrote (184)11/5/2007 1:02:16 PM
From: Mike McFarland  Read Replies (1) of 379
 
One of the fellows on the yahoo board mentioned
that glgc was the biggest loser he'd ever had
in 15 years of investing. And this post really hits
the mark:
messages.finance.yahoo.com
(if that url does not work, see below)

My losses in glgc are nothing compared to other stinkers--
in my ten years of speculating, I've been down $30k in
Ariad (then up a couple hundred), I probably made and then
lost $20k in Tgen, made quite a lot on a dozen companies
in early 2000, lost $60k in Genset. And so it goes. The
15k that I am down in glgc is fairly small potatoes--
but since it is the only stock I've gambled on in the
past year, it hurts more to have picked badly.

Well enough said, I'll only start ranting and behaving
badly if I stay logged on today. 87 cents--f&@k!

-------------------------
(this is from Yahoo--'alexy_yamaha')

GLGC going to 50 cents. Why? (1 Rating)

Crappy Company in a Tough Industry.

Crappy Stock in a Crappy Market.

Buyers are not rushing the ask.

Tax selling will kill this by year end.

Company does not have a convincing game plan.

If this was a startup, Wall Street would be all over it.
But it is not.

It is a failed venture trying desperately to reinvent itself. Management has no credibility.

Hence, Wall Street could give a damn.

Caveat Emptor.

--------------
I added the bolded emphasis:
Reverse merge it, and reboot it.
Perlegen and or Melior should merge with glgc and
do something with it.
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