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Telestone Technologies Corp. Message Board

  • android_stocks android_stocks Jan 13, 2011 6:35 PM Flag

    Are longs delusional? Let me summarize

    Let me summarize the actions for the last few days.

    1) A site called zerohedge posted a blog article accusing TSTC of fraud at many levels. Stock price dropped 30%.

    2) Longs sent email to IR and assured themselves that the company would respond and would sue the pants off zerohedge. They also said SEC should investigate zero hedge. However, no longs had really presented a coherent rebuttal against ZH report.

    3) Day 1 past. No PR. Longs continued to say PR would come and shorts would be burned. Stock hardly moved.

    4) Day 2 past. No PR. Longs now said company should be focused on business and not to respond to blog article. They challenged that no public company would respond blog article anyway - never mind the fact that if a blog article dropped CISCO price by 30%, CISCO PR would be in full action and defend themselves long ago - actually, who wouldn't.

    Am I summarizing correctly?

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