POSFW struggles to hold .70 a share before scam reverse split
WOW. This not for profit joke really fails to enhance shareholder wealth. BUT the crooks that run it are getting their share aren't they. New double overhead gouge office that could be build anyplace for about $4,000,000 will probably cost $100,000,000. Reminds me of when they bough ELOST for $20,000,000 and then lost money every quarter for 10 years and then finally sold it for $2,000,000. What a scam. This loser company just bleeds money but the crooks who run it always come out without a scratch.
Well I buy VRML in 2005 when it was $3.6. then it reverse split 10:1. Then it go all the way down to 0.01 when it go bankrupt. Then suddenly FDA approved big test that drive stock up to $34. But I sell VRML at $17 as I see buy opportunity at $4 off this stock and I expect it to shut up to $10 by spring as I said here:
kirk...ihave held my position for a little over 3 years..to say the least it has been frustrating but i am up on my position..prior to this i bought tons of shares up to 1.40 4-5 years ago and lost a ton of money and took my losses..knowing that the company has turned the corner i truly believe the stock will follow suit...it might take a few more months but many funds and investors will start to buy based on the numbers and the future growth..they are in a sweet spot and it is the 3rd inning and you need to look at the big picture and sit tight ....nobody says it was going to be easy investing in the small cap arena...they company is growing the serice business at over 20 percent...it is time to add not sell...it is tough to watch because it does not trade with the futures or the market in general but rather by appointment...hang tough or sell to me but I advise hold on you should see double digits within 12 months,,,