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Giga-tronics Inc. Message Board

  • muginuti muginuti Feb 6, 2014 5:52 PM Flag

    products

    By the time the new products comes to the the market they will be old and useless is taking forever .the management of this company is doing a terrible job ,I only hope to recuperate my money invested in this garbage my average is 1.60 .Quarter afterter quarter the same #$%$ bla bla bla bla bla bla bla ,and the same F.........ing results.

    Sentiment: Hold

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    • I STRONGLY suggest you dump your giga shares ASAP. Shareholders equity is now below $2.5 mill which means RAPID delisting of shares will likely occur...

      Sentiment: Strong Sell

    • John didn't sound too enthusiastic on the CC this time - I suspect he's starting to worry about his sinecure - and he should.

      It wouldn't surprise me if Alara puts in more money (for additional cheap shares) - remember the poorer the quarterly results, the move favorable the financing they can negotiate - then takes this company private as they'll likely own more than 50% of the company after the next round; subsequently, any rewards from all of the R&D spending will go to them.

      Remember, management can tell you whatever they want - it's their jobs on the line and that's all they're truly concerned about.

      Cheers,

      Z

      PS - Should it drop to about $0.50, I've have to triple down!

      Sentiment: Hold

 
GIGA
1.10-0.01(-0.90%)Jul 27 3:50 PMEDT