No offense taken, because you could be right. Could be wrong, too.
I know, but your money has to go somewhere. That is why my first statement was to diversify.. diversify as much as possible. Other than a brief big buy of AIG on Monday, I try to keep less than a couple of percent in any one stock or holding.
If it all goes under, even cash under your mattress may be useless (no, I don’t think it will all go under). Think about the S&L crisis, this is very similar.. it was a great buying opportunity.
This is really to everyone.
If you want a look from the outside,
http://www.freerepublic.com/focus/f-news/2088972/posts
A real lesson on what happens with insiders.
A must read