I shorted Capine down to 2 a share...Very similar set up to SCTY as far as accounting irregularities ARE CONCERNED...May be different accounting shenanigans however shenanigans nonetheless.....This company has committed balance sheet fraud and will pay dearly for this fraud!!!
I have no issues saying 'FRAUD" because I have done my homework here....This company is over valued at 20 a share and add in balance sheet fraud and this stock will be lucky to be trading at 2..That wont happen over night however there are players who have tipped the proper authorities off concerning this fraud!!!!!1
Just a tip if you are trading the swings.....A halt can happen at any time...
hey sg. true is talking about scty cfo, Bob Kelly. he's the former cfo of calpine corp that filed for bankruptcy back in 2005 due to accounting errors/fraud. Kelly was fired from calpine along w/ ceo Pete Cartwright.