String, you won't like to hear what I have to say, but yes, they had value, and now it might be too late. I would call your broker immeadietly to see if you can still exercise your right to buy shares at $3.00.
I don't know if it's like an option where they will automatically do it, but I would most definetly call your broker, you could be leaving 20% on the table.
He puts out a bullish note, just as everyone else is downgrading.
FYI, A credit Crunch in China could be devastating to AERL.
AERL BUYS OUT JUNKETS FOR 4-5 X's earnings!!!
Yes, buys them out. That doesn't mean they trade at 4 p/e, they get bought out at that rate. SO, if you want comps, AERL has given them to you!
AMOS, you disappoint me. I know its because you just got embarrased big time on this one. You jumped in and it tanked 30% instantly!
You know very well I did short MPEL down to the single digits and then went LONG! Your wasting your time because I have been telling this board to buy MPEL for the last 2 years.
So drop the act! Man up.
To think this blowhard posted just 24 hours before the announcement how wrong I was for saying a dilutive offering was coming!
Wow, the timing couldn't have been better! It's know it all's like you that get crushed the hardest most often! Hopefully your shame will humble you a bit.
Now you cry to yahoo!
Your posts aren't as egregious as some of the other pumpers here. Just a few items to address.
You say "However new news will impact the PPS higher and stronger and hopefully become stable instead of retracing all the time."
The dual listing isn't new news. If anything, it's lining up to be the classic "sell the news" scenario.
Everyone knows the dual listing is coming, why on earth would any one buy for that reason at this point? It's the classic pumper spin cycle at work here.
Again.... AERL will rise when China's economy improves. That is when AERL will also extend more credit, it all fuels the fire. If you think that will happen, this may be a good investment, but don't fall prey to the pump n dump that is this dual listing!
YOU OWN SINA!!!
You have no credibility, for that amoung many other reasons.
Yeah I complained about MPEL, but was long thousands of shares up until the begining of this year!
Get a life! and GET RID OF SINA!!!
<<This provides potential upside in operations and also shows that Melco Crown is not as efficient as competitors. In the past, the company has been aggressive working with junkets, like casinos who work with Asia Entertainment & Resources (Nasdaq: AERL ) , but as companies like Las Vegas Sands move into the junket market, the competition for this business is heating up.
The next two quarters should give us an idea of whether the company is losing junket business or junkets are losing power in the market as table game supply starts becoming more constrained. After Sands Cotai Central is opened, no new capacity is expected before 2015, so this should leave room for Melco to gain the upper hand on junkets and increase margins. That's one theory, anyway.
YOU OWN SINA!!!
LOTS OF IT!
Everyone again is making money but you!
SINA!!! AHHHHH You been telling people to buy since it was $120!!!!
suit yourself... Do you not think there is a reason why LVS WYNN and MPEL are massively outperforming this stock, and why it has such a low valuation?
What your missing is they DO NOT have much intellectual property!!!
Most all of their games are LICENSED!!!
People want to compare this company to TTWO or other companies, but you can't, because they license their rights, they knew they needed a homerun of their own - so they crashed and burned with UDraw.
They banked on Udraw being the next guitar hero or what not, and it didn't work.
What catalyst is there from here?
EA just delivered a horrid quarter, the entire gaming sector is in a lull with a lack of new software hitting the shelves, there is just no catalysts for a sustained upward trend, you are simiply gambling here that somehow THQ avoids bankruptcy, which doesn't look possible.
I don't have any money in this company currently, I did last year, I cleared out for obvious reasons -with a profit- and am just following along, waiting for the inevitable.
A quarter is a quarter, who cares if their fiscal year ends at a different time then someone else's? If that's your big smoking gun argument, no wonder you lost massive amounts of money!!!
If you did your due dilligence, you would know their current balance sheet/projected earnings don't provide a viable means for exisitance.
Where is your due dillegence???
LOL, I'm probably one of the only people posting here that made good money of THQI!
Here I am mentioning UDRAW causing Bankruptcy on December 13th!
All you clueless pumpers have been trying to pump your hearts out for so many months now, wake up!
No one is really even disputing his claims, how can this company stay afloat with tanking video game market, and all of their current debts, and lack of quality products?
All their licensed content is even losing money and too costly to maintain. It's a no win situation.
Wow, 44 stocks? sounds like a full time job just managing your portfolio!
I'm all cash since 2 months ago, I got out too soon, but days like this don't cause me to lose any sleep.
Hey Ed, do you still hold your AUTH?
I'm thinking of establishing a position if it gets below $2.50. I think that technology will be standard on cell phones in 5 years or so.