RE: RE: RE: RE: RE: RE: Ecolo Colty, I THINK it will go to .30. I dont know that it will. Remember I bought 75k at .175 and 75k at .21, so taking profits is a great thing. I understand you are losing your shirt and need to get back to 1.00. That wont happen.
Read between the lines of the Ezulwini layoffs. They havent hit their year end #s, and there is a BIG chance they are close to having no money left. I dont see how they can raise any money right now. This company is in huge trouble, but one can make money trading it. To the losers like yourself, HMMM, and Mikey who are massively underwater, take solace that you will have a big tax loss next year.
Anglo will likely have a distress buyout opportunity very shortly.