Electronic Game Card, Inc (fka EGMIQ)

[Rawnoc]

"And anyone who bought the short-term bottom at $0.25 will probably be sorry they didn't sell"

How is this anything but STRONG SELL advice?

Posted by: ambulance_blues Date: Wednesday, December 03, 2008 2:01:26 PM
In reply to: None Post # of 6297

The dead cat bounce is nearly complete

We should be retesting the lows over the next few weeks. I don't see how it will hold unless a miracle happens - like they hire a new CEO with a great pedigree. But I don't think they will hire a new CEO until late 2009 or possibly 2010. They've been stalling with excuses for over a year, so the best guess is that their empty promises will continue for another year. I see a future trading range between $0.15 - $0.25 in this miserable market, which would still be above 2-year lows, thankfully. And anyone who bought the short-term bottom at $0.25 will probably be sorry they didn't sell when they had a quick 40% pop into the dead cat. It's a cold bowl of chile when love lets you down.