That's because you called yourself a trader. If you're trading it, it probably is the right time to bail. It may sink lower and you can wait for news and get back in if you wanted. I don't feel like chasing. I'll just sit around and wait it out.
So your rationale is essentially other people are panicking so you might as well panic. Doesn't change what the company's doing. You're obviously disappointed in what really hasn't been revealed lately. We all are. But I think you're assuming the worst, along with everyone else. But my question is this...without details of the contracts, what do you presume to be the worst? What has changed in your eyes? The fact that they're not telling us what's going on? Do you not believe the contracts exist? If that were the case, that's essentially fraud, no?
It's the mentality a lot of people have. If they don't hear anything, their emotions get the best of them. You interview for a job and with every passing day you don't hear anything, you get more and more nervous. Maybe you have a right to be, but everyone's so attached to these boards that they ignore how short of a time frame it's really been.
I'm not pretending to be a seasoned trader like you, I'm just trying to get an understanding as to what has ACTUALLY changed about the company. As far as I'm concerned, the answer is nothing. If May comes and goes and I don't hear anything, then okay, we have a problem, and maybe it's done by that point and everyone just wants their cash to move on. But there's no patience here. I think it's nuts the restraints you guys have put on them. If they're working hard at rolling this product out and have to put up with a zillion emails from investors, how annoying is that? And no, I don't want them paying someone $50k just to sit there and respond to emails to give us peace of mind.
So your rationale is essentially other people are panicking so you might as well panic. Doesn't change what the company's doing. You're obviously disappointed in what really hasn't been revealed lately. We all are. But I think you're assuming the worst, along with everyone else. But my question is this...without details of the contracts, what do you presume to be the worst? What has changed in your eyes? The fact that they're not telling us what's going on? Do you not believe the contracts exist? If that were the case, that's essentially fraud, no?
It's the mentality a lot of people have. If they don't hear anything, their emotions get the best of them. You interview for a job and with every passing day you don't hear anything, you get more and more nervous. Maybe you have a right to be, but everyone's so attached to these boards that they ignore how short of a time frame it's really been.
I'm not pretending to be a seasoned trader like you, I'm just trying to get an understanding as to what has ACTUALLY changed about the company. As far as I'm concerned, the answer is nothing. If May comes and goes and I don't hear anything, then okay, we have a problem, and maybe it's done by that point and everyone just wants their cash to move on. But there's no patience here. I think it's nuts the restraints you guys have put on them. If they're working hard at rolling this product out and have to put up with a zillion emails from investors, how annoying is that? And no, I don't want them paying someone $50k just to sit there and respond to emails to give us peace of mind.
