Videolocity International Inc (VCTY)

[glidingone]

Why are they going to jump in? The low buy in point is nice but why would they buy this stock right now? The OS just went up - they just changed their story (at best) about the sale of ASCC and the Q4 financials are not due until March 2011... would they not wait it out to see where the bottom is and then buy in if something good is announced news-wise? Seems like to buy in now is asking for a loss?

In addition - in the last pr (friday tips) - they indirectly confirmed that they have no intentions of merging with AMETA as was previously stated, Hydro (as was stated for months on end) and instead plan to just hang onto Tactician University until further notice (remember that just over a month ago - they wanted to sell Tactician University - they dangled it out to multiple buyers - which fell through at least once).