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Non-Tech : Cryptologic (CRY/TSE): First Profitable Internet Casino
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To: Sultan who wrote (1867)10/26/1999 8:00:00 PM
From: Digital-Fluid.com  Read Replies (2) of 2782
 
Time to fold

I bought CRY a while back. However, after learning the details about today's conference call, I will be selling my shares tomorrow. There are way too many negatives:

- Nasdaq approval now looks doubtful or at least won't happen until next year
- way too many stock options and warrants
- negligently not hiring a public relations firm
- no stock split

In other words, there is nothing to look forward to for the rest of the year. And we all know what happens to the stock price soon after each earnings release.
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