Thursday, March 8, 2012

INVESTMENTS SAGA 3:

EEGC - DOWN TO A PENNY!

Nothing much has happened with the company since I first invested 5 years ago—except go down in value.

It's January 2012, EEGC is at a low point. Question is, will it recover or die? No one knows at this time but it looks rather bleak.

I can't get any answers from anyone. Everyone's mute.

It doesn't look good. My $200,000 investment is now worth $60,000.


TYPICAL CHART:

CURRENT CHART:


EEGC has a new Chief Financial Officer, David Villarreal, Jr. He holds great promise. But the current thinking is that the CEO, Malcolm Bendall, should be replaced!

And in contrast, OIL is at record highs—hovering over $100 a barrel.

I also feel bad for the several people I got to invest in the stock, thinking it was going to the moon. But there's always hope.

2 comments:

Ron said...

Don,

Thank God you brought 1,000 shares of Apple when it was in the $25.00 range. You DID buy shares of Apple didn't you? :)

Don Voth said...

Yes, Thank goodness for Apple!