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Tangoe, Inc. (TNGO) Message Board

  • sue_eye2003 sue_eye2003 Aug 28, 2012 3:43 PM Flag

    This will bounce...complete non-sense buying oppty


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    • Looks like another buying oppty for you!

    • Should have bought more below 17

    • no one will stay long this through their investment committees when they read these sweeper reports. see you guys sub $10 this week.

      • 1 Reply to vpg999
      • TNGO shares have dropped by nearly 17% this afternoon, likely caused by the negative " Street Sweeper Blog " The " Street Sweeper disclosed that it sold a total of 122,773 shares short." Bloggers who have a significant short position may be highly motivated to have the stock decline below $10.

        You seem to believe that the only reasonable action is for the funds/institutions to sell based on the presumption of declining share price. Please consider that short sellers typically use risk algorithms that cause them to cover their positions if the stock does not fall to their designated price. Their patience is as short as their positions.

        A short frequently has much more to lose than a long. This is why a near term opportunity exists for longs to profit from a short squeeze in TNGO. Buyers, looking at the strong fundamentals of TNGO, may be less concerned and more likely to capitalize on the opportunity for near term enhanced returns, than short sellers who will blow out of their short positions if their objectives are not quickly achieved.

        I am not aware of any new information that the " Short Seller Street Sweeper Blogger ", and those who have a similar financial interest in the stocks decline, have provided that is not already in the public domain. What is new is their analysis, which understandably is motivated by financial gain.

17.20+0.37(+2.20%)Apr 17 4:00 PMEDT

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