Stupid fool is the person(s) that sold at $1.99, I don't get it. There are many companies that have produced negative earnings quarte after quarter and deep in debt and trading above $3 i.e. siri, chtr, etc....
Granted API did not produce the 40% improvement that they were talking about earlier this year, but 36% gain and 0.06 per share is no small task.
I still keep management at fault about their IR. It would not hurt if a couple of times each quarter to give an update about the business activities. No fluff, no giving secrets away, just a short "TO THE POINT" update.
<<I don't get it. There are many companies that have produced negative earnings quarte after quarter and deep in debt and trading above $3>>
Hummm, those companies have future and investors bet on their future. API does not have any future. Current API management is not technical, just some sale persons. API can't continue. Revenue will shrink from this point on and earning will be nagative. I give API one year amd max 2 to go out of business. business.
management is frustrated by the restrictions placed on them regarding many of their contracts with regard to announcements...however, some comments can be made if one talks to management...the current quarter is going great according to my last conversation with management and we will see that report in just a few weeks...this strategic growth plan is playing out extremely well and for a change, it won't take several years to reward the holders of api...just another thought, seems to me the "bashers" are really one and the same, just changing the identity...good luck to all.