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Replies to post #9977 on ANTs Software Inc. (fka ANTS)

Replies to #9977 on ANTs Software Inc. (fka ANTS)
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expediter13

07/22/12 6:53 PM

#9978 RE: wingtrade #9977

Do you think that since their market cap is 5 mil. That a disclousure of revenue will take it a lot higher because people will buy in knowing it wont be headed into the trash can ? Is that ur general thought...
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DrTooth

07/22/12 10:15 PM

#9980 RE: wingtrade #9977

ANTS has been beaten down into a pulp. And rightfully so considering the corruption, the misuse of allocated funds, the lawsuits, the gross debt, and the expected bad hype.

Albeit, right now, at such an early stage of reestablishment, the only real driving force is hype and emotional plays by investors.

The buyback seems a little overstated if you ask me. I'm long on ANTS, but I think it is already an overvalued stock. The company may prove redeemable in long term (months or years), but currently ANTS remains very overvalued sadly.