re: CNN One to Watch Now! Bomber,
From another forum that sugarbowl didn't mention he has said that "My average buy price on shares is in the 7 cent range. I have 3.9 million shares and have been buying since 3.5 cents. If others had done the research they may have had bigger holdings also. I also hold 1.8 million options." This was in January but he was still buying at above 10 cents after that.
So, he is still showing a very good profit but nowhere near where he would have been if he had sold at the high. Then again he couldn't sell many at that price as he has so many shares.
I still hold to my comments about CNN. Just because sugarbowl is #3 shareholder doesn't mean he knows everything. I have posts where he says that the price won't be at 18 cents much longer before rising quickly (paraphrasing). It has since dropped to just under 10 cents. It may come good but I won't be buying until there is some way of quantifying a future income stream.
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