Seriously if I wanted this company I would let it die on the vine and buy the assets at tag sale prices. Why would anyone overpay for this? Oh and by the way this POS is worth less every day. Bleeding it dry and then shopping it around is a very bad strategy.
"you will be a millionaire after taxes."
Yes, if you hold it less than a year, otherwise you end up with considerably more than a million.
Regardless of what the "Tutes" do you will end up holding the bag. I used to think there was a pot of gold at the end of this rainbow but I like my money too much. Any deal AW or Gordian make will benefit them, not the long suffering shareholders. My 2 cents.
You're soliciting investment advice from a message board?
Exactly the way I feel. I've been in and out of this a few times over the years and always seem to get the shaft and it's always due to the bush league management. I can't take the pain any longer. Perhaps this is a 10 bagger and if so I congratulate those who make a bundle.
Why would that matter. No self respecting fund manager or anyone else with a fiduciary responsibility would hold this garbage.
Volume not heavy with this drop? I disagree.
Back in the day 250,000 would be a big day. We are already over 1M so far today so to rationalize today's action as having no conviction due to light volume is just plain wrong.
Thought I was a idiot for selling yesterday and was expecting the normal 20% that occurs when I exit, but turns out it was a good move at least for now. This thing is really sinking into oblivion. Gordian probably told AW to wait until this thing is $.10 and just buy the company outright on the open market.