Good Morning Bull, Woody & Everyone-
Some very good points gentlemen. I prefer not to dwell in the past(what I should have or could have done). All of us have made mistakes at one time or another. I would prefer to learn from my mistakes and hope that I do not repeat the same mistake again. Back in May, I got caught up in the hype and invested much of my investment $$ in several BB stocks. Although I have been investing over 17 years, have a background in finance, etc, like most of you had little knowledge of the BB world. My lesson....I will never again invest in a BB stock. Simply too much risk for the reward.
But, we are here at $.56 or so. Although all of us will agree that when DGIV was $6, $7 or $8 it was way over valued. How much of that price rise was due to the company, the hypsters on this thread, the MM's "playing us like a fiddle" or a combination of all, who knows. Personally, I can not fault Jimmy Chin for idiots like me for buying shares at those prices.
For me, like these guys have said it is all about contracts. If JC is successful in getting the first one, then IMO, the company will regain a lot of its lost credibility back. At this price, I am willing to wait a while longer. If he can get some contracts after just six months, he is, IMO, doing very well, since establishing international contracts is a long sales process.
Again, best of luck to all.
Falcon |
