Historical PriceJuly 29, 1998 this stock closed at $2.
How much money would you have made if you bought at the close that day? You've been awfully patient. I mean, 18 years would be a long time to wait.
Five years ago this stock was going for pennies. I guess investors went through a period where they lost patience and were not buying the hype any longer.
Can even the most optimistic bulls agree that this is a company that has over-promised and under delivered? The lessons of history have a way of opening up our eyes if we pay the slightest attention.
Some of the investors on this bullboard would be in trouble if left alone in a room with a Nigerian gentleman promising to share a $400 million fortune with them. We invest to get back earnings and cash flow and dividends...not just non-stop promises of future fortune while burning through $7 or $8 Millon per month.