The information coming to this thread about the possible merger of GIFS and MTCI seems a little suspect. Both posters (GJC and Sinasi Ugraskan, posts 2188 and 2197) have apparently not posted anything to any other threads if we are to judge by the SI personal files. I would hate to think that GIFS is involved in any manipulation of this type.
As for GIFS constant "purchases" of other companies, I wonder where the treasure chest is stashed that the CEO keeps dipping into? What kind of further dilution of GIFS stock will be necessary for other acquisitions (if MTCI or any other company is on the agenda)? And how is it going to help us current holders to keep buying burned out companies such as IMXS?
Yes, IMXS may go up, but right now IMXS is an empty shell. It is nothing. It may become something, but when and how and at what cost?
These are bona fide questions put to this thread by a bona fide owner of GIFS shares, so please don't get too upset about it. These are questions I keep asking myself.
As for investment strategy, the worst thing an investor can do is let his or her money sit dormant. Take your money out of a stagnant company, use it elsewhere where it can increase, and then put it back into the first company when and if it begins to rise on substantiated news. If you have a discount broker the cost to shift your money to one company after another is quite small.
My favorite company is Galaxy Foods. I've made a lot of money on it. But it has been terrible lately and won't improve for a few months. I've just taken out $10,000 and put it into NYRR (which may or may not do anything.) I should have taken the money out a month ago. Stupid me. When Galaxy goes back up, I'll go back to Galaxy.
The same for GIFS. Out and in. Don't just sit there blaming the so-called "shorters" for the stock's poor performance. A good stock with real earnings will NOT be manipulated in this fashion for the length of time we have seen in GIFS. |
