Re: A non emotional analysis
in response to
by
posted on
Jul 02, 2008 09:54PM
I have always respected your posts and intelligence, however I do disagree quite strongly on your statement stating "those that invested the latest $750.00 did so because if they didn't the alternative was bancruptcy"
Come on Richardo....I believe you have a background in finance, perhaps the stock market.
I have had as a broker and do you honestly believe that statement?
The ultimate insider, RP put up $100,000 of his own moola. He, above all, should know the condition of the company. Do you think he would put up that kind of money if he knew EDig was going bancrupt and his money was simply to not lose what he has in.
And how about the big money boys. I don't think $650,000 is chump change. Would they put that in "to not lose what they already had invested....
Richardo, you know "you don't throw good money after bad." If a company is going sideways you don't add to your loses by donating more.