Alan,
My response to Drakes was that I didn't understand the mechanics of how the converts work nor did I care to. I'm not planning on investing in a company with this type of financing in the near future<g>oh, unless of course, it's an Internut stock, that'd I'd consider....In any case, there are several scenarios that could be playing out near term as you say in your post. But, the only type of situation that would cause me to consider purchasing again would be release of news regarding signficant sales. (I put that one in the ol' snowflake chance in hell parlance, surprise, surprise), even if that were to occur, I would wait. As far as the takeover rumor was concerned, you'd have to be a buyer or holder at current levels to make it worth your while (remember that last 100 was the remainder of my 9 dollah shares). As far as buying on a financing arrangement, depends on what they're financing, would have to come with a significant order, otherwise, the money would be going to just keeping the lights on and paying salaries(God forbid these guys take their compensation in stock). Anyway, I wasn't a buyer at .50, I certainly would not pay $1, I mean look at that huge resistance that will be sitting there at $2.<vbg> I have this feeling though, no matter, if she touches $1, you're buying, right? bp
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