GigaMedia Limited (GIGM)

[resident1155]

wow CJ you've got some big balls! That's some serious cheese you are laying down. What makes you so sure about GIGM? The CEO hasn't delivered on any single promise since he's been CEO...what really concerns me is they stopped the pubic CC w/ Q&A. Revenues are not growing as they continue to burn through cash. Tesseratic is a real stretch and gigacloud isn't exactly making waves. Their mobile games division is the only thing keeping this afloat as far as I can tell.

I like the CEO buying shares and I like that they are cleaning house with board members, but IDK if that's enough.

Unfortunately, I think there's a 90% chance of reverse split...can't imagine that will be good for shareholders unless Giga can right this ship. As far as I can tell it's going down like the titanic.

I did take this opportunity to double down, but it may just be wishful thinking. Good luck buddy...

-resident