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Re: crack pipe

By: tkc in ALEA | Recommend this post (0)
Wed, 24 Apr 13 7:56 PM | 105 view(s)
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Msg. 13383 of 54959
(This msg. is a reply to 13381 by Cactus Flower)

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For myself, I made 5 sells since the $1M PP announcement. Only 1/3 remain. The current SP is less than 1/2 my first sale and 25% less than my last sale. I don't anticipate any purchases. I susspect that many who would vote against the Board and it's proposals have done likewise while the those who will support them are seeing this as a "buying opportunity." Thus less voting shares in the hands of the brighter folk and more for the not so much. So I predict proxy proposals pass easily and the travisty continues.




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The above is a reply to the following message:
Re: crack pipe
By: Cactus Flower
in ALEA
Wed, 24 Apr 13 7:23 PM
Msg. 13381 of 54959

hi tkc,

i think they are a self-selecting group of weirdly uncritical people. yes, some of them are spectacularly dumb. others appear more artful.

at any rate, within the week the remaining rump will be chivvied and bullied back into the fold.

the main wave story is all about dilution. some people think it may end one day. but there's no necessity for it to do so.

so long as there is a shred of hope, shares can just keep on getting offered at ever lower prices.

the winners are the folks who get the cash. wave stock is approaching zimbabwean levels of inflation.

it's kinda obvious that to restore the currency, you need a credible management. these folks ain't it.

so long as the blind corner of success is believed by enough folks, it continues.


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