I got out of it today. I'll take my lumps now and move on to greener pastures. The action today proves it has no real strength. No sense hoping this stock will make any kind of recovery. Good luck to the suckers who ride this thing to the bottom.
With some new and other extended contracts in 2013 on the way, The World Cup Brazil 2013 will still be a factor for continued expansion and growth for the company and Brazil will be it's biggest prospects for revenue and margin growth.
For those who are so frustrated by the share price, I think that--unless you are a short seller of ULTR-- it does not pay to be pessimistic.
Why would you bash what you wish others to buy? That's like investing in a restaurant and then advertising that the food is no good.
To ignore the very real macro issues facing the company and to blame everything on management is to blur reality.
You bought a small, speculative stock. Stop being a bunch of crybabies. When you gamble, sometimes you lose. Cash in your chips if you are tired of playing.
I'm so disgusted with this stock too. Mgmt has zero credibility and nobody believes the story. They could change that imminently if they were to purchase shares on the open market. Ask yourself why don’t they? Somehting still is nor right in ULTR land.
"Good luck to the suckers who ride this thing to the bottom."
That would be Creamcream. Not only is he riding it to the bottom, but he keeps buying more tickets on the way down. Steroids shrink the sack and muddle the mind. Just yesterday he was congratulting himself for buying more, and boasting of a $100 profit in RIMM. He's a big shooter throwing around that kind of scrilla.
Seems that way.
I took the proceeds (you notice I didn't say profits) and bought some FB this morning. Let's see if that pays off a little better. So far it looking better than this pick.
Hey you win some and you lose some. This one was definitely a loser.
That's the market.