AIG 0.00% 7.9¢ aircruising australia limited

RRivkin lemming's to jump ship?, page-3

  1. 7,397 Posts.
    Please explain

    Not quiet sure how this works

    -- Does he buy the stock ,

    ---Do a recomendation

    ---Sell the newsletter,

    ---Collect the brokerage

    Now that could not be right??


    Maybe a rather bad hair day for market guru Rene Rivkin.
    About an hour after the close yesterday AINSWORTH GAMING revised
    its forecast profit for the year of just under $1m to a loss in the
    order of $3 to $8 million.
    The market may take it in its stride, since the loss seems to be
    mostly on a delay in receiving gaming approvals from Queensland and
    Traders have not been noticeably forgiving of late.
    Rene Rivkin has been a stout defender of AGI, reiterating a "buy
    to $1.30" recommendation in late March and again at the end of April.
    In his late March report, when Ainsworth's CEO departed, Mr
    Rivkin said the company did not depend on the CEO - he had recently
    lunched with Len Ainsworth who had told him his health was in the top 5
    per cent of 78 year olds - bit of a non sequitur?
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