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Microcap & Penny Stocks : Advance Gaming Technologies Inc. (AGTI) -- Ignore unavailable to you. Want to Upgrade?


To: Evan Dimmer who wrote (908)12/23/1997 5:43:00 PM
From: Jerome Hay  Respond to of 4539
 
First of all.. let me assure you that i am not "always in a bad mood".. although you did make me smile when you said that you thought i was. Perhaps i do come across that way..for that i apologize.

let me say right here that i got into this stock a few months ago after being in it for a while over a year ago.. i made a substantial amount of money back then.. got in at .40 and exited at around .80... So i know how being invested in this co. can be profitable and "happy producing" BUT!!! and here is the big BUTT (pun intended!)

I feel this co. has pretty much lost its "STORY" value.. what i mean by that is .. when i made my money on agti over a year ago.. agti still held value to the investing public as a "concept" stock.. They(agti) were going to penetrate the incredibly growing electronic bingo segment in america and abroad!! They were going to possibly be in China and other far reaching places on the globe.. Oh yes, profitability was "just around the corner"! Alliances with Sega was imminent with "Sonic Bingo" WEEELLLL!!!! How much of this has occurred?!! need i say more.. The only concept agti has going for it now is..Will they install new management? will they infuse the co. with the needed capital it needs to grow and be profitable? will it really have machines installed in England in January? will it be a company that in the final analysis has not bullwanged its investor's? We shall shortly see..
As far as the stock going up a penny or two on decent volume.. well if you are day trading the stock i guess this would impress you.. I am not day trading the stock.. i got in a few months ago.. so you guess what my cost is? i DID average down, in fact.. i just won't do it anymore until i see R E S U L T S!!!
Also.. don't be too impressed with the stock staying down here at these levels for too long.. it is creating MASSIVE!!! overhead resistance.. Those getting in today could sell at .12!!! for a doubling of their money!! Many will!! This time around it will take some very REAL happennings at agti for the stock to go anywhere.. Good luck and MERRY CHRISTMAS and HAPPY CHANUKA!