A broker?? I'm not a broker, and I wouldn't even play one on TV. I haven't seen a big enough trade in the volumes to be worth enough to even warrant a broker to write a post.
Or are you suggesting I've been able to single handedly suppress the share price long enough to stealth buy enough shares to capitalize on the 3 cents per share rise?
As far as false information - here's how I did my analysis - I went to google finance, searched ASPW.
I printed their 12 month chart. Then I took a ruler and aligned it with all the "peaks" on the chart.
Then I took a pencil and traced it along that edge until (here's where the forecast comes from - my secret method) I traced the ruler past today - YES into the future!!
And it went below a nickle somewhere around the end of January. As I understand from Mr. Schlitz's press release the threshold for listing on the NASDAQ is one dollar (100 cents). So with a 1:20 reverse split that would make the market cap of the company (at the new share price) drop below 100 cents per share when the "old" shares hit a nickle (5 cents).
This seemed a valid method given that there have been no material changes in their business model, their market or their product offerings. In short - nothing has changed in 12 months. So we are watching the trending declining health of a once "promising" startup.
Did I do something wrong?
Or, do we just start over, like an IPO - with a new round of hoopla, press releases and hand-shaking?
And even if I'm off by a little it won't be off by nearly as much as Bill's promises - which you strongly endorsed BTW.
And come on Jersey, be real here for a minute - you haven't become even slightly skeptical yet?
Blind faith is more risky than blind dismissal.
P.S. - FWIW - Two months ago Arista did hire a smart young electrical engineer from an established electrical supplier in town. Not sure what they're paying him with, but perhaps he'll be the key to their future?
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