NAVY - Rule number 1
Dont listen to anyone on any forum. Invest in what you beleive in. I was doing some research into ESI's past dealings on the ASX.. I went back to reading post from 2006 when the SP was over $1 .. all the toot tots etc are exactly the same as now... the pattern is repeating. good for a quick dollar but i wouldnt stash your life savings in it. I feel for anyone dumb enough to have gone down with that ship.
Just IMO mate.
Sometimes you have to stand back and look at the bigger picture and what your strategy is. Quick buck? sure ESI could do that.. Stable long time investment.. well its a masive risk.. even at these prices. No CSI, no government funding mean back to 0.004 quick smart.
As I said IMO -But watch the esi trend mate and read old posts/announcements. Sound familiar right? did they happen? nope!
Cheers
D85
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