Doc
You say:
"No product, 144's, no industry, burning cash, a bunch of longs talking about "see you at 40+" while siting rumors on the Yahoo board and a recent big hike in price that hasn't been sustained."
>Product< - VTS, an SEC approved trading system that is about to be launched on the PHLX, available to trade NYSE's most widely traded stocks anonymously at the VWAP
>144's< - The true insiders own 5-7 million shares directly or through stock options (excercisable at under $2 per share). The restricted stockholders are allowed to trade because of their 144's - I would think in your view they ought to be thinking about it. Blohm is selling 10% of his position. Eprile, who no longer appears to be on the inside, appears to be selling all of his. All the other shareholderss listed are not true insiders.
>No Industry< - Stock trading is not an industry?? Then why are you here at SI?
>Lot of Longs< - Well, that's true.
>Yahoo rumors< - Well, the NYSE/PHLX flirtation is a fact, not a rumor, published by Reuters over 2 weeks ago, the day after ATg stock completed a 2-day rise from 7.75 to 12.44. Hmmmmmmmmm.
>Price Hike unsustained< - SEC approved VTS on 3/24 - that's when the price started rising. It launches by July 1. When VTS generates between $500K- $1 Million a week of net earnings, maybe you will take a different view.
Doc - I'll see you here in 60 days - we can debate then what the stock is trading for then. And by the way, I am being very civil - but I do think you should deal with the facts, not your imaginings of what the "longs " believe or think-- and there is nothing un-civil in insisting that you do.
MST |
