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Gold/Mining/Energy : ATPG Shareholders
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To: Kramer38 who wrote (3483)9/9/2013 8:54:04 PM
From: Billy Bilgewasser1 Recommendation

Recommended By
positiveenergy18

   of 3620
 
"I think you are mistaken that ATP had a big month in July."

Thanks for responding.

Revenues (accrual basis) went from $39.7 million in March, to $50.1 million in April, then $27.7 million in May, and plummeted to $18.1 million in June. Looks like an awful trend to say the least.

Then BOOM, accrual revenues jumped to $40.2 million in July.

What the heck is going on? Can't these guys do a clean sales cutoff?

So I agree that July may have looked better than reality, but I'm betting that it had more to do with reporting revenues in July that really should have been shown in June than any other reason.

Sheesh!

I hope we (and the judge) see the August numbers before he agrees to the sale.
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