Ann: Chairman's Address to Shareholders, page-78

The Companies ability to turn it's products into revenue?
Are you serious?
Let's forget about revenue.
Anyone can make and sell something they make no profit on.
if that's what it's about why would you need the stock market.
They have not turned a single product into profit in 17 years.
How could you possibly be confident they will now?
On what basis. CZ? Well, what happened to Pentax and all the broken promises of 17 years?
They just disappear and now they are a buy?

Averaging down is a good method ONLY if the FA is sound.
Every times you average down it better be with a lot of confidence.
I would guess that some here are holding huge losses and to average down yet again is not what I would be doing. Trade it by all means but for goodness sakes do not hold and average down. That's how you would have got into your current position in the first place.

Trade it or make money on other shares. Do not chase losses with more loses.

Look I don't hold OIL and probably never will. My purpose for posting was that I genuinely feel sorry for OIL holders. I started posting when it was in the 4 to 5 cent range. It's now 3.3 and probably lucky to be there.

I won't post again as I think I've said enough for a stock I don't hold and I'm not looking to rub salt into the wounds. Best of luck to you all and I sincerely hope I look next year and you're at $1 and not 1 cent.