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stocktrader2222

03/27/10 12:19 PM

#42 RE: viking86 #41

They already met the 20 days out of 30 requirement above $8.50

There is no guarentee the company will call in the warrants, but that's what I'm shooting for, they will probably do the cashless option if they do call them in.

They need to register the warrants with the SEC first, but they can PR their intention to redeem the warrants, at that point I believe warrants will trade above $3 for 100% gain with relatively little risk, given that you have till october 2013 at $1.65 for the common to be trading at $6.65 or above..

redman_2014

03/27/10 1:01 PM

#45 RE: viking86 #41

AERCF

I personally don't like the nature of the business. They own nothing, have no exclusive agreements, and revenue/profit fluctuates a great deal. Who says some of those casinos don't boot them out and start up their own promotion departments? Unlikely to happen in a majority of their locations I know, but the potential risk is greater than I wish to take, at any price.

The value may be there but I will sit on the sidelines for now.


-Adam