Thursday, July 19, 2012 10:10:19 PM
As for delivering on promises, AMY management has come way short of what they promised, big time surprise, no surprises.
Not sure how you can be so supportive of Reaugh and his over promising and underdelivering. It's exactly what he has done, and you are now expecting him to do the opposite?
Sure, 99% of stocks are down near their lows, but AMY is there not because of market conditions, IMO. Just look at the chart and it tells you the story. They delivered on May 17 what the market was not expecting, bad numbers.
Quite different from just bad markets, don't you think?
As for what is said on bullboards, sure they can sway sentiment to some extent, but not to the extent that management can, and that again is relevant with what happened May 17, IMO and it was evident from the time they received the DRAFT PFS to when the actually released it one month later. Again, this is just my opinion.
AMY is where it is today, not because of market conditions, or because the crowd has gone negative. It's here because management just plain didn't deliver on their self promoted promises.
Go back and look at the videos prior to the PFS being released, and see for yourself. atb
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