Carl,
I've always been of the belief that a bear or a short ( legal short ) will keep you clean!
IMO, there has been a great deal of 'hyping' here , a newsletter, etc., and it cost alot of people alot of money. The co. itself reports on 3rd quarter revenues of $4000, I'm aware its' a R&D co., but the technology is currently not embraced by the marketplace, no customers, no revenues, and the co. itself is floundering in the pink-sheets, nobody wanting to make a Market for GRNO...Why? How can a MM make a Market with a co. that is a hard-sell.
I would look at the 'hype' this co. enjoyed, the subsequent SEC halt, and that causal relationship. The SEC doesn't halt a stock for no reason! Either some are choosing to wallow in denial, or the hype machinery is gearing up for round 2.
All the best!
Pugs |
