Replies to post #901 on Electronic Game Card, Inc (fka EGMIQ)

[MikeDDKing]

Perhaps you have forgotten that EGMI traded at $0.80 in August. That wasn't exactly the market peak.

Also keep in mind that Cole's opinion of an ideal CEO and Steinberg's opinion may be two entirely different matters.

Mike

[riskanalyst]

My guess is the CEO issue is related to Steinberg. If he was going to invest in the company he wanted to make sure he had a formal say in the process. He was only made officially the COB, recently. According to statements, I think he started sniffing around at this company around Nov of last year. This probably delayed the CEO search since he was looking to make a significant investment. Since he has all the connections to get them into the Stanley gaming business, the company probably kowtowed a bit to his broad network of connections. The nosedive of share price, I'm hoping is due to hedge funds unwinding large amounts of shares. I'd suspect they get rid of the most illiquid positions first. that's why our EGMI baby was thrown out with the bath water. At least I hope that is the case.

[Rawnoc]

Could it be that maybe they told all of the perspective CEOs to screw off, you're not qualified?

Nah, that can't be it. Must be some sort of nitpicking conspiracy of course. Must be a rather large worldwide conspiracy because it seems like hundres of stock boards I've read on with IHUB and Yahoo board over the last 3 months all have the same "what's going on?" conspiracy.

"something stinks....why is my pos going down? any news out there? does somebody know something?"

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