Hey Folks,
I held SOLV for a while, and was lucky enough to get out at 4 when the last little bubble escaped after the stock began trading again last summer. And for entertainment purposes, I was reading this thread from time to time, especially since I am an ex-student of Dr. Ricker <grin for N. Larry>.
I guess I would like to know why anybody still owns this stock. When I held, I knew darn well that it was a roll the dice proposition. We figured it would be a $200 or $2 stock, with no ground in between. Well, it failed. Not one thing that Rendall ever claimed was true. They never finished the plant. It was a joke.
With the $100M+ that was poured into the project, surely it will not just dry up and blow away. Those investors will do whatever they can to get whatever they can out of it. I have never seen so many promises of new companies, new shares, new developments, in my life without any of them coming to fruition. Why would anyone still hold this stock, or even worry about it if they do? If it ever goes back up, great, but haven't you all written this off as a total loss on your taxes yet?
And for the infantile folks like Barb Payne, get a brain and a life. Anyone who remained short after it crashed to $1.50 or so is just a genius. Just have to get that $1.50 more, right? Give people a rest. If you have that much spare time, and you like to type the same things over and over again, I'll give you a dollar an hour to pull weeds in my garden.
I hope someone from the long side can really tell me why they are still in this. But then again, this thread may be therapy for most of you.
Dr. Ricker, that excerpt by your colleague in Reflux hurt! And yes, I still lurk here too to watch. Kind of like Springer.
Take care.
G |
