Smart move. Turning yourself into the SEC for being a paid pumper and trying to manipulate COOL since it was $26 a share. Well done.
They will woosh it down to around 50 cents by the end of their buying and that offer 60 cents a share for the buyout - a huge, 20 percent premium.
Let's start with a few assumptions based on historical data:
1) Jesse Sutton is unemployable without bribing his future employer in some capacity
2) Jesse Sutton doesn't care about the shareholders or the stock - no skin in the game
Prediction: The share price has been riven down sharply over the past few weeks on very high volume to facilitate the sale of the company at a so-called "premium" - which will be 10 to 15 percent above whatever the floor is. You can be certain that Jesse will not get the best deal for shareholders. In fact, Jesse will throw shareholders under the bus on the condition that he retain employment with the buyer - because he is unemployable elsewhere. Gercooler has made his predictions over the years - I have made mine. Let's see how this pans out.
Folks, as we all know, gercooler is the "fraudish" liar - because in violation of the law, he is compensated to post glowingly optimistic predictions about COOL here on Yahoo in an attempt to artificially inflate the stock price, and he's been doing it for years - ever since the stock was $26 a share. Gercooler, if I'm wrong, please sue me for liable. I beg of you. Turn me in.
Great products, great management, excellent revenue growth and cash flow ... what's not to love ... wait a second, never mind, it has none of that.
Of course private is possible. But why on God's green earth should anybody listen to anything you say, anyway? Can you name a SINGLE PREDICTION out of the hundreds of wild claims you've made over the years that turned out to be correct? JUST ONE?
Somebody is doing Jesse a solid by buying up the shares and driving the price way down. They will probably push it down to the 50 mark at which point they will offer shareholders a "premium" of 60 cents a share. Probably not a whole lot of downside at these levels but no upside either.
Fact is that it has been several days in a row of high volume selling ... someone is exiting. There will be a little value left. Perhaps they will take it private after dumping the shares as low as possible to screw the common shareholder.
German says down on high volume is GOOD thing, duhhh, me no think this is true. Who do me believe?
Major dumpage over the past few days = writing is on the wall. If Gercooler convinced you to buy or hold onto this POS garbage stock, you can thank him for your losses - and let the SEC know what he's been doing these past few years.
Wow, hell has frozen over, he is finally admitting what everybody else has known for years. Good job gercooler!
Gercooler: I am glad you are beginning to see the error of your ways, acknowledging that you have been compensated to pump COOL for the past several years and you feel very guilty about violating SEC regulations. On the one hand you seem to acknowledge your guilt but on the other you are conflicted - you keep pumping, even though the clock is about to strike midnight. I am sorry you will no longer receive the monthly retainer you have relied on for all of these years, but look at the bright side: so far you have avoided jail time for violating the law here on Yahoo. So in a way, you are very lucky!
Sentiment: Strong Sell
I'm not bashing - just telling it like it is. You have been pumping since COOL was $25 - and now it's 73 cents. I have been bearish since it was $7 a share, and now it's 73 cents. Who has been right, and who has been wrong? That's really all that matters here ...