Hardrocker, Sorry if my sarcasm offends you, BUT TOO BAD. I, like you, have every right to post my thoughts and opinions.
Since my previous posts are just that, previous posts, any intelligent person must expect that opinions will change with the times. I've been an investor in this company for 3.5 years. I was dumb enough to buy shares as high as $8.00. back then, and held on to those shares believing in these BIG NEWS games that this company plays. Yes, the company is well known for leaking out it's own BIG NEWS. I've learned to use this to my advantage watching newcommers to this company fall for it.
Let me be clear. I currently have 2 positions on this company (and that will change as company events change): 1. Trading all big moves, up or down. This stock never holds it's rallies. I have made great money TRADING this stock, but lost big as an INVESTOR!!! Management can only be judged by it's performance. And by the way, SEC filings shows these guys taking 1/4 million dollar salaries and yet still can't make a profit. No wonder... 2. Holding my $8.00 shares that I was too dumb to let go a long time ago, in hopes that when electronic bingo takes off, AGTI will rise with the tide.
Until things change, I will trade, but not invest in this company. Also, sooner or later these guys will do something right and we will then hear the BIG NEWS about it. For the sake of investors of this company I hope we here about EARNINGS real soon.
OK, enough about my irritating posts, can you or anyone else on this thread answer me this question:
If management really believes in it's own growth and it truly has really BIG NEWS to announce, then why does it need to do a reverse stock split to raise it's share price??? Wouldn't earnings growth and profits get the stock price to rise???
AR |