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Velti Halka Acık Limited Şirket Message Board

  • cash2go cash2go Nov 20, 2012 1:52 AM Flag

    Sub $5 pulled margin on every trader in this one

    Kitchen sink quarter, Greece, Balkans, Middle East, and Northern Africa did not work out. Company unloaded this quarter and has moved on.

    Bad news and sub $5 spiral started. Then, a lot of (investors) got spooked and nothing positive is priced into this one. The fundamentals are screaming oversold on a forward looking basis, if mobile advertising has a future.

    Huge short position in this one. Anyone see why shorts would be hanging out in this one after this last quarter? Company said on CC that current funding will support 2013, anyone expect it will be proven wrong?

    Started a small position and looking for land mines before building a sizable position. Thanks for any input.

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    • Not sure why shorts would need to stick around at this point. They one a few battles over the past few months and now the war. 10MM shares have traded in last few days. Looks like funds have sold off for year end losses and others have repurchased to take a position. Looking for a catalyst to move this puppy back up.