oh what the heck...stuck in a rock & hard place.
1) analysts are not correct all the time, I do bet against them, usally works. 2)amazed how time flys...I participated, & placed people into "red" when they did a finacing at 60 cents then they changed the name to mdw, it was very successful. I did meet the ceo at the time....he came off as very serious, he did not say much, as the property spoke for itself, all knew he was more than capible. I think they raised 1 million, the stock all most doubled. I am amazed what they were able to do with one million. I'm sure the old group who I mentioned fell over with new management gobbling up these salaries. As it was very difficult to raise 1 million. Even today no jr's can raise 1/2 million. Yes, I know they are jr's but our share price has fallen with the jr's. Today mdw throws milliins out the window. I have a feeling the people who started red emerald/mdw made far more by acquisition/disposition of their own stock which they promoted, created, eanred it the good old fashion way, than being attracted to high signing bounuses, salaries Zero risks, they don't give a hoot about their share price, only if the kittie has enough to pay salaries. I took a shot at 15 cents, I will be averaging down....I will give this some time. To see if I am wrong about new management, & the Analysts. I put my money where my mouth is, only if management would. Have some guts Other than your shareholder's.