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Ballantyne Strong, Inc Message Board

myopian2000 3 posts  |  Last Activity: Sep 8, 2014 12:48 PM Member since: Jul 13, 2005
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    Something strange going on here...

    by myopian2000 Aug 28, 2014 6:23 PM
    myopian2000 myopian2000 Sep 8, 2014 12:48 PM Flag

    Looks like Global Fundamental has been invested here for a while.

    http://www.thestreet.com/story/12055523/1/the-deal-ballantyne-buys-sony-division.html

  • myopian2000 by myopian2000 Aug 29, 2014 3:06 PM Flag

    On 8/12/14 he tweeted "$BTN this is setting up for a nice run IMHO" - wonder who he is and what he saw? Good call. Did nothing but languish another 10 days then jump 25%. #$%$? Still no reason I can find. No news and no good technicals really. Oh well. Guess I'll ride until a retrace then bail and be done with this thing.

  • Still holding a small stake in this thing from years and years ago and still have BTN on my alert ticker. This issue just doesn't go up 20% in a week. No news, no nothing. If it was CIDM - I could see it - but would see it with a pump campaign followed by a dilution stock offering to raise cash. Absolutely no explanation for this.

    There is no reason for a pedestrian investor to buy shares here as on the surface it is under $5, had no momentum, no prospects or technical strength other than a healthy cash account. Only guess is someone with more information than I have about something going to happen. Still - just brought some dead money back alive. May have to pay closer attention here. Postulated in the past that this company would be a great issue if taken private. Perhaps.....

BTN
4.44-0.10(-2.20%)Sep 16 4:01 PMEDT

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