please don't give him that much credit. You can't criticize a teenager with sever acne who's ashamed to go outside, so he stays home all day trying to act important on a message board.
why don't you go practice your short covering. Learn how to buy a stock when you want to cover and leave the market theory to those that have been involved in the stock market long enough to already know about buying, selling and covering.
He said the same thing the last time he claimed to cover and I pointed it out then but I guess he ignored me. You might think someone so knowledgeable about stocks and the market would know you have to buy back the shares you have shorted.
could this be the first step in taking them private? Management has become leaner again with the sale of distribution, I wonder what the next steps will be before the for sale sign goes up for Speedy. Of course that would never be advertised because the company is controlled by insiders who will make the decision. We'll just wake up one morning and it will be done. Just hope it gets done at least 2X where it's trading now.
Yet you continue to recommend stocks we 'must own'. You're such a clown it isn't even worth commenting on your BS. I'm old too, so it isn't worth the effort it takes my old fingers to respond to you anymore. You covered your long position? I thought you sold a long position but what do us old guys know. But I guess tomorrow you will be telling us you went long at $3.55 when you covered your short because surely the 'Great Mogni' was able to flip the multiple 1000's of shares he is trading and pocket an additional $.16 on top of the $.10 he picked up shorting this turd? Why don't you just screw off.
are you nervous? Can't be about your job because you don't care but maybe the SEC? Aren't message boards great? You can hide behind a closed curtain and say anything you want but when that curtain opens, look out.
he has a fax number but no machine. Interesting, but I guess you would know. It will be interesting to see what his Lawyers say.
Just sent a fax to Mr. Willis with copies of your most recent messages. Perhaps he will want to sit down and have a chat about your discontent and ask you for input on how to rectify these glaring problems the company is experiencing. Please let us know how your meeting goes.
Sec filing. They've bought over 4.5 million shares since the beginning of April. Anyone have any idea who they are and what they do? Google search is pretty sketchy but it looks like they are relatively new and a hedge fund of some type.
Speedy went up yesterday. We have to listen to Jim Cramer and the Motley Fool (and worst of all, Monj) tell us why Speedy dropped so much on Tuesday but why aren't they ready to pontificate about the 15% increase in value yesterday? At least they could tell us it was a computer glitch. But maybe something else is true, the media and it's underlings (paid bashers) are just another piece of 'Filthy Wall Street'.
#$%$. Looks like the wrong ID Monj but what the heck. To bad Becker didn't do some DD before dumping another $10mil into this turd. Enough!! I'm through wasting my breath or thoughts on replying to any of your nonsense.
The big 3 insiders as I see it are Zisk/ Monroe and Willis. Unless there is something afloat that they see as imperative (an acquisition) why would they dilute the shares and raise their operating costs (with interest payments) ? They don't draw huge salaries that makes it worth their while to simply keep the company viable so why keep sabotaging the share price. I think there must be something coming along shortly that will make this pay off for them (and hopefully us)
Would it surprise anyone here if news soon surfaces that distribution has been sold, earnings growth in e-commerce went through the roof in the 4th Q and the stock price once again starts up right after Becker managed to by back all those shares at $3 ? Wall Street is so filthy
You are right about the reason and timing because the same thing happened with Fun when they discontinued that and then sold it. A small cap stock like Speedy can be very easily manipulated and when Becker cut their position at the highs, lights should have been flashing in my head. I now kick myself for not selling some at the same time. But Wellington's purchase @ $3 seems to have put a nice floor in and management of this company are some smart Dudes who still have a lot of skin in the game. Take a look at Navr's/Spdc's max chart and it looks like a giant, scary roller coaster ride. I'm betting there's at least one more scary ride to the top before an electrifying plunge to the bottom. Unfortunately, Monj is along for the ride and will continue to comment whenever the wind shifts (or is paid to?)
Maybe you should short some with 'The Monj'. But since this is the end of their fiscal year and they can report up to the end of the month and since they have reported between May 22 and June 7th over the past four years, maybe they just need extra time to count all the money they made in e-commerce last quarter. Hey, you may be right and maybe this has all been a house of cards but when a house is about to collapse you generally won't find the owner under it. I don't like the looks of the market and if it sells off it will hurt Speedy but if I'm going to own something in the retail sector, I like the idea of e-commerce. But at least I don't have to go to bed worrying that that $6+ dollar trade the other day was a 'tell' by someone in the know of what little old Speedy will be doing after earnings are announced. Sleep tight Monj and keep shorting if you're that shore Speedy will be a bust.