Post by
sigs on Feb 05, 2011 4:09pm
Ditched this for sweeter meats
I have held this long enough to know that it's dead money, I have to say they had great promises some time ago when they appeared on BNN. I really don't like all the acquiring and diluting that's going on, there is really no forward movement. There is no communication from the company to any of my concerns or questions. I am out.
Just becarefull if you see these insiders buying, there are making money off retailers, on 100k shares it only takes a penny to make a grand. There are a lot of strong stocks out there GL.
Comment by
Letssetsail on Feb 05, 2011 5:26pm
Don't disagree entirely as I have sold 50% of my holdings as well. However, I doubt the insiders would be engaged in trading for pennies. They have to report both buy and sell so it would be public knowledge soon enough.
Comment by
sigs on Feb 06, 2011 9:17pm
This is very true, for me personally it is, and if SQI if it starts to move again I may get back it. I wish you all good luck on the trade. I had to make a gut call on this one, something doesn't feel right.
Comment by
sigs on Feb 06, 2011 9:21pm
That is a valid point but there are creative ways around. Our regulatory system is not as solid as one might hope.GL on your remaining 50% P.S. not trying to bash or influence people here, just stating my opinion.