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ALLIQUA, INC. Message Board

  • vin_007_13 vin_007_13 May 25, 2011 10:55 AM Flag

    Thanks for cheap shares

    I bought back .125. This is almost at 6 months low. This is the bottom. This one will pop back to 18 cents by end of this week.

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    • I don't know whether or not the shares will go up or down in the short run. I only believe that buying shares in this company in the hopes of them going up can only be described as "the greater fool theory" in my opinion. Look at the SEC filings. There is virtually nothing that could be described as being worth 30+ million dollars in my opinion at this point in time. As I read these documents it seems like management is the only group that currently benefits. Check out the "rent" that they pay for their office....which they actually appear to rent from themselves or their other partnerships/corps that they seem to control. Check out the other SG&A. It all makes for interesting reading in my opinion. Invest with caution!

 
ALQA
4.960.0000(0.00%)Apr 24 4:00 PMEDT