ocean, with 50 million in the bank and about 250 million shares outstanding, I figure AAA has 20 cents a share in cash for now. At 45 cents total, we are buying etheopia for a 25 cents....at 40 cents total, we are paying 20 cents for etheopia.....they're just numbers so who the heck knows where she'll stop this descent....
I would say though, I rather pay 40-45 cents than 60 so why not. But I will still trade to increase my number of shares that I hold....so at the first sign of weakness I bail, but when I think there is support I buy. When a solid base forms and the tide turns, the trend reverses, then I am in long term.
By the way, what happened to jeremy? Anyone know?