Smars,
Yes, currently the economic situation is very depressing (no pun intended). And just like everyone else, IMO things will get worse before they get better. But eventually consumers and investors will become excessively fatigued from all the negativity. At that point, I think the markets will surge forward on the slightest (I mean the slightest) hint that there is light at the end of this endless black economic hole.
As to LWLG, X posted on the LWLG Yahoo Board that currently $35,000 will buy 100,000 shares of LWLG. Now imagine, if at some time in the next couple years this stock shot up to $10 per share (market cap of $350 million). That initial investment of $35,000 would be worth a cool $1 million. If the stock shot up to $20 you would have $2 million. Yeah, I expect there will be some dilution along the way but still a pretty good investment. And remember this is not your ordinary penny stock. Significant inside ownership (no selling), low cash burn (small number of employees, relatively low executive compensation, shares office space), all-star board of directors and consultants.
Yes, we are all scared of getting burned. Who knows if some of the board pumpers are just stringing the rest of us along? But remember most the LWLG insiders have much, much more to lose than rest of us. They have staked their careers and futures on the success of this technology. That is good enough for me. If I get burned, I will be real sad but I will move on. Best wishes for healthy, happy and prosperous future.
GATES. |
