There is a 325k block on the bid at 21 cents. Usually that is a good wall. With today's volume, anything goes. But it shows someone is willing to place a nice sized bet at .21
I never predicted 1c. Unlike you, I don't delete my messages, feel free to go find proof of your false claim. Oh wait, you can't. Another lie from the pathetic German.
Did you just admit that you think Majesco is closing? Breaking News! Way to make the metaphor more hilarious.
Also, Alcatraz is owned by the National Parks service, which is part of the National Government. In case you haven't heard, that "company" has a bit of a debt problem. Think of Alcatraz like the Midnight City of the US government. It makes money (or in MC's case, it did at one point) but if the rest isn't doing that great (like Majesco currently), then you can't really call it a huge success. But here I go thinking you'll be able to understand metaphors and similes.
Now go back under the rock you crawled out from. Men are talking.
Still laughing that he doesn't know Alcatraz closed many, many years ago. So "cool = alcatraz" means Majesco is a closed prison. Hilarious metaphor!
That's your takeaway from earnings? Not that they only had $3.5M in revenue for the HOLIDAY quarter, most staff is gone, no significant games are coming out AND they will dilute the stock by about 300%. But hey, they have some extra cash for golden parachutes, yippie.
It does not seem dubious to have $3.5M in revenue but have cash equivs go up $3.3m? And is it sustainable with Majesco not making any games? Also, they said $900k of it was from their "investors" (it used to be $1M, what happened to $100k of it?) so it is not like it was sales driven. Gotta read between the lines there, Moch.
Taking out that persistent and pesky 200K+ one a while back helped a lot. If there is good volume today, another one of those could be taken out if it pops up.