chillo i have given up speculating. the way i see it, most...

chillo i have given up speculating. the way i see it, most company directors have only one thing in mind, themselves. that is not unusual. what matters is whether or not they can successfully take the rest of the shareholders along with them for the ride. in my opinion, whether or not that happens comes down to luck and circumstance. when both are on side, then technicals and fundamentals will follow.
besides, most people bought into this because they thought that there must be some "nudge nudge wink wink going on". in that light, lack of ethics by the company hardly comes as a surprise.

bear in mind that there are still alot of undervalued companies out there with great projects struggling to raise funding to bring them to fruition. i cannot see any point in jumping the gun with a half baked company just so that a few traders can make a quick profit on a price spike.

the idea behind this is a long term one, as far as i can see, so why not focus on the fact that for now it is a relatively cheap holding that can be easily forgotten until fortune shines down on us. if you are looking for real short term gains, focus on the undervalued debt free companies out there with commodities on the turnaround.