Post by
twebca on Dec 06, 2010 10:35pm
wow, this has fallen from the sky and
very fast. What the heck happened? Is this going to zero?
I was going to buy some today but just when I was going to step in the 10 cent bid go crushed. Thank god i'm slow at placing orders because tomorrow we could see another panic drop by everyone who bought in today, not to mention the hopefuls who will give up altogether.
Sorry this has happened to the investors. It's never good when the whole value just evaporates. Here's hoping a financing alternative comes in to play or the lenders work out some terms so you guys can get some money back, otherwise zero is a true case scenario.
Comment by
twebca on Dec 07, 2010 3:54pm
The crazy part is todays slow drift down is likely not the end. There has to been one more capitulation and this thing may hit .005 cents before it recovers. The shorts will need to cover but i'm thinking they will ride this to the very bottom.