Friday, January 23, 2015 12:17:38 PM
You really hit the snakes head with your question.. I have been in and out of GATA for what seems years and have always made money.. It appears to have a sound financial footing,, products that sell ,, excellent R&D and a pipeline of new products on a regular basis.. It's earnings when measured on a PE have always been spectacular so whats the problem..??
First there is little to no trading between price points of $0.14 and $0.28.. It almost always gaps from one extreme to another with the $0.28 level on occasions sprint thru $0.30.. No one seems to believe the numbers and the presence of a PR Firm that doesn't even read his own company's reports leaves me baffled.. Why doesn't he know if his name is on the report and has he ever spoke to management face to face..??
The numbers have never been trusted but over the years they have never had a problem reporting increased sales and earnings..
Is this company for real.??? I think it has a record and history that says it is but it also has the indifferent and vague PR guy handling it.. It seems neither will change so it's a flip of the coin from here.. But while tossing the coin hopefully it will not be heads they win and tales you loose..
And then there is that shrhldrs equity of $0.54 per share that throws another wrench into the clog.. I still think I sould buy some just to stay interested.. hank
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