How Wall Street "advisers(Seeking Alpha)" screw Investors!
The recent "advisory" on CY's Q2 numbers and outlook by a writer at Seeking Alpha are nothing but "editorial fraud!!"
The writer is a "small drip" in a Earthly Ocean--and shows how "deception" on Wall Street really works!
The writer mentions a few items that a CY Lovers would consider to be a "positive!" The writer did not mention that Q1 numbers were "re-stated" numbers---nor did he mention that the numbers were negative! Yet, the writer "assumed" that the CEO was correct when he said "we made the numbers!" Nor, did he mention that the CEO said publicly that "he was holding his stock!" Remember--what we know is that CY has plunged from 23.95 to 10. A MAMMOUTH LOSS for small investors that have been deceived.
The writer did not mention that the numbers for the rest of 2012 are likely to be much, much worse than what the company has reported---nor did the writer mention it is going to very, very difficult to maintain the dividend!
The writer did not mention that CY MAY be found guilty of a patent law suit that could be disasterous to any profits--nor did he mention the revolving credit account which would be used to "borrow" money!!!
A better name than Seeking Alpha---would be seeking #$%$ and money from unsuspecting investors!