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TigerLogic Corporation Message Board

  • KUJOMAN1 KUJOMAN1 May 6, 2011 11:30 AM Flag

    Has the short guy started to cover?

    Has the short guy started to cover?

    Note drop in short position in past month. Days to cover is still an amazing number. Maybe the short guy is getting nervous?


    http://www.nasdaq.com/aspxcontent/shortinterests.aspx?symbol=TIGR&selected=TIGR

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    • Several of the new execs at TIGR are of known quantity. It is an understantement to say these new "product managers" at TIGR have successful pasts. So we could have concluded a long time ago that TIGR was NOT a complete fraud. And there is the original business, which appears to be gaining "footprint" due to its up-grade. Now comes Postano. And after checking out Postano for eight hours, I think we can safely conclude that some very significant sites are going to use this product. One or two huge brands are bound to use Postano, "perhaps" attracting others. As a brand manager defending his brand in every way possible, one has to assume at the very least you are going to have an analyst of your company measuring Postano's abilities and power. I know this sounds like a superficial blog, but I just have to conclude that being short this stock is a very dangerous thing at this point. My basis is that Postano, even if it is a failure in terms of its ultimate success, will significantly increase TIGR's minimal revenues of today.

    • Despite the brave comments of Mr. Cross, I would counsel Mr. Short to bring all speed to his task of covering his short. At 12,000 shares a day volume combined with a very large number of shareholders close to the management's 50% ownership, this situation might become quite volatile and gruesome for a person needing to return shares to their rightful owner. Although I am not as knowledgeable and confident as Mr. Cross about the outcome for Tiger, it would appear to me that some sort of tipping point is near. I think it is fair to say that Mr. Cross feels that a healthy future for Tiger is doubtful. Several of my friends, however, believe that he is wrong.

 
TIGR
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