Very good points Doug about valuations and the future.
I guess my problem is the one that analyst_elena keeps
making that is the cash situation and meeting its loan agreements.
At this point in the game, any fluctuation in price is a dramatic
difference in effect, to the number of shares one can acquire and
possible future growth. I have $6,000 burning a hole in my pocket,
but if it dips to near $2 instead of around $3, that's an
additional 1,000 shares I can pick up, if it goes to $1, oh geez.
here is a table of how many shares for the same amount of
initial investment $6,000 and the subsequent gains if sold at $8/shr,
$15/shr and at $30/shr not including commissions:
ShrPrice #ofShrs Sell at $8 Sell at $15 Sell at $30
$4.00 1,500 $6,000.00 $16,500.00 $39,000.00
$3.75 1,600 $6,800.00 $18,000.00 $42,000.00
$3.50 1,714 $7,714.29 $19,714.29 $45,428.57
$3.25 1,846 $8,769.23 $21,692.31 $49,384.62
$3.00 2,000 $10,000.00 $24,000.00 $54,000.00
$2.75 2,182 $11,454.55 $26,727.27 $59,454.55
$2.50 2,400 $13,200.00 $30,000.00 $66,000.00
$2.25 2,667 $15,333.33 $34,000.00 $74,000.00
$2.00 3,000 $18,000.00 $39,000.00 $84,000.00
$1.75 3,429 $21,428.57 $45,428.57 $96,857.14
$1.50 4,000 $26,000.00 $54,000.00 $114,000.00
$1.25 4,800 $32,400.00 $66,000.00 $138,000.00
$1.00 6,000 $42,000.00 $84,000.00 $174,000.00
$0.75 8,000 $58,000.00 $114,000.00 $234,000.00
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