Let's look at the numbers. I'll take your word on Barclay's owning 1.953 million shares on 7/11/05 and 3.945 million shares today.
ISSC closed at $23.17 on 7/11/05, down to $15.64 today. So, on their original 1.953 million share investment they've lost $14.647 million dollars! Not a brilliant bunch, are they?
Their single day loss of $9.4 million on 7/21/05 could have been avoided simply by heeding the INVESTOR WARNING I posted on this message board. I don't know what they paid for their new shares, but I'll bet they've already lost many more $millions throwing good money after bad. My NEW INVESTOR WARNING told you the worst is yet to come...
I'll be back to run you folks through the quarterly numbers once they're out, but it won't be pretty.
So, "albundyphd1", what was your point in posting Barclay's holdings? Was it that they're clearly incompetent investors and we can use them as a contrarian indicator?
Hey Sophie, Barclays owning 25% of this company should make you think twice about your short position. One day you`re going to wake up and say oh shit why did I ever short this stock when Barclays was accumulating shares. You want to bet against them?