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Carlito, this is old news. Check out the Raging Bull board. The term sheet expired. That's all I know.
I have been in this POS for 2 years now but just heard there is something in the works related to a business having interest in what is essentially now just a shell. The large volume we saw last week or week before were people "inside" positioning for it. Please let there be some validity to this! I was looking for .01 but would even be happy with .001 at this point!
It just did. But I had it there since yesterday and it traded down to .009 in both instances and I also have an order for 100k at .0095 where only 5k shares have filled. Just seems like shares are changing hands in pre-arranged ways.
I'll tell you what, there is definitely some behind the scenes posturing going on because I have buy orders in that aren't filling for me but the stock is trading lower.
As much as I was panicked by the selling, looking at it in terms of the 625mm shares outstanding, not a lot of shares are flying around. 1 or 2% have been dumped. Someone either didn't believe in this enough to hang around or really needed some money ASAP. I have an uncomfortably large holding (given the recent collapse), but I have stabilized my emotions and am sitting on this through 2010 to see what develops. From what I have gathered the story hasn't changed and deals are in the works. It just isn't happening fast enough for any of us. They are not announcing anything until it has merit. I can understand that.
I have to agree with Silk on this one. We need something from them update-wise to regain any upward movement in pps. Given what I have invested, Bailey, if you contact me directly I will pay to have your website redone! I need some sort of positive development so bad I'm willing to pay for it!
I may have huge balls but it's looking like I may be seriously lacking in the intelligence department. I didn't see the start of the year going like this. Brutal. I definitely don't like being in this so deep at this stage given the recent activity but my buying when people are rushing for the door has served me well in the past. I'm not looking to end that streak. I have been trying to get more due diligence done but they are keeping very quiet on this right now. My feeling is the Pacific Software deal fell apart because PacS wanted more than Bailey was willing to give up. Someone was betting on that deal going through and bailed when it didn't. Good news is there are many Pacs out there looking to make a deal. I would rather have Bailey be selective in his dealmaking than to rush right through. I will add tomorrow to reach 4mm shares and then cut myself off. I think I said that about cutting myself off after 2.5mm so we'll see how it goes.
3,470,000. I got 750k today. Obviously won't be sleeping very well tonight. I wonder how low they let it go before there's some indication of what the future holds? I have a few orders in to add another 530k to get to 4mm then I'm done.
Silk how many shares do you hold?
I get that, I mean the only people selling at these prices are people that don't want to hang around. I was really close to bailing but I'll give it a little more time. Very frustrating. Not having anything going at this stage is not acceptable. Hopefully the story starts to unfold - beyond material news be released the price is going nowhere (except perhaps down if sellers decide they can't wait around).
What trend is that? I just see no news. We will only see selling by those who are over waiting. Nobody is buying this in a way to drive the share price up until material news is released. There's only so many times somebody can say "things are being done behind the scenes, etc"
Is your feeling that his will be a "positive" surprise or something that is going to be upsetting to investors?
HUGE VOLUME today! I wonder what's behind it
Yeah, the price drop means nothing at that volume. Think about it, what is 2,500 shares at that price. Nothing. Simply no one willing to buy or sell until the story unfolds. From what I have been told the news and changes about to announced will have the shares at a significantly higher valuation than what we are seeing now. Not to mention the majority of the shares in the company are owned by insiders who have no interest in selling given what they have been working on.
Silk, do you still own any shares?
I had heard rumblings of a major announcement coming at the start of 2010, I guess this is in anticipation! Would love to get up over .001 today! Let's go!!!!
Somethings going down! 60mm shares today!
I wanted to ask the same thing - what was the question?
I think it is tax selling with the assumption they can get back in before the move if they want. I sure would love to get some reassurance though. I lost a new car in value today. Not the holiday gift I was looking for.
I'm accumulating still but at the same time I'm about to get sick. What is up? I'm getting CRUSHED
What makes you say so? New information or just your take on the situation.
I would be very happy getting above .20 to .30 next year (and I think we will) as the story unfolds. I would take some profits at that point but stay long on majority of my shares as I think the potential could be much higher
I have over 2mm at this point. I think 2010 will be my (our) year.
I was the lucky one who picked up 100k @ .019 this AM. Placed another order quickly after for another 100k at .02 but that didn't fill. Just trying to LOAD up as much as possible.
Full-page article in the new Business Week (Dec. 21) about "video-game-inspired" slot machines. Company mentioned is $2.3bn WMS Industries (symblol WMS). Also talk of MGM's new Aria unveiling "the first fully networked slot machine floor" . . . when is ATIG going to capitalize on all their "innovations" ?????
I am still accumulating . . . bought 100k at .025 and another 100k at .025
I'm hanging in hoping for a better 2010
What the hell would be the point of a reverse split at this point? I don't get it? Typically what is the value of such a move? I don't see anything to get excited about as a shareholder.
I don't know . . . no new due dilligence that I can find . . . I hope the story starts to unfold here because I have an absurd amount of shares. Anyone have any updates?
Even there I don't think you'll get much volume. I could be wrong but I bet .03 gets knocked out pretty quick
Not much is getting sold at these prices. Everyone seems to be holding for the story to continue to unfold. .025 is an artificially low price IMO. If you get filled down there it will be for 10k shares, etc.
Do we know that they haven't filed to uplist? I know that is a tedious but worthwhile process. It might even be in the works. Any thoughts? I do think a merger is very feasible as well.
That's funny because we haven't traded there yet today, but here's hoping we do!
News out! I know the release does not mention revenues, etc but I do like it as a shareholder. EMI is the REAL-DEAL and they would not be putting together a license deal if the jukebox product was not very real. All I can say is whoever is getting in now should be VERY well rewarded in the coming months and certainly 2010 and going forward.
I agree, but I also think they should do a better job at updating shareholders of what is going on. In addition, that website they have is absolutely disgusting . . . and they are a technology company? Believe me, I am LONG ATIG and believe the potential is there but am I the only one that is bothered by a 1998-style website for a company that is supposed to be capable of introducing a new technology to the world? A little embarrassing IMO. All that said, I still own close to 2mm shares now so I truly hope they get their act together!
Anyone have a contact number for management/IR/PR?
I don't get the redistribution comment. I'm in this LONG and don't intend to change my stance at this point (in fact added another 200k shares today). I am however getting a little frustrated at what seems to be an inability of management to get anything going here. The window of opportunity is completely OPEN with their approval from the Indian Gaming Commission but the time is now. I hope there is news coming and they can get it out soon!
How many shares? I bought 1.5 mm so far in two orders
We will see. All I can say is I am confident enough in this one to have accumulated almost 2mm shares in the past few months. Time will tell. What I do know is I am more patient than most investors in this market and more often than not I have been VERY well rewarded for it. Let's hope this is one of those situations.
only partial order of 100k shares purchased today. Sellers were holding out on me!