civicvirtue, it's telling that you don't bother to educate yourself, such as by reading this complete thread, before you try to insult someone for political reasons. If you had, you would have seen my comment referenced alien's earlier comment ON THIS THREAD: "Are you from the borg? I've always wanted to be one of the borg, catchy ride that square cube."
I don't need to read any more of your comments to know your idea of "civic virtue" is closemindedness and condescension. And that's an idea of "civic virtue" we can all do without.
alien - are you actually suggesting the previously uninsured will have less drug coverage for Acthar than they did when they were uninsured? I think you need to tap into the Borg collective to rethink that.
Health plans have been cheapening their drug formularies for at least a decade, that is what pharmacy benefit managers like ESRX and CVS are hired to manage. That is their job. To pretend it is starting because of Obamacare is at best disingenuous.
Forbes - still #$%$ he wasn't elected the republican President 20 years ago, so hardly an apolitical source.
Shorts - You are down 100% in 12 months (while the overall market has been hitting new highs). The stock has gained over a BILLION dollars in market cap. And your ringleader just sleepwalked through one of the most important short attacks of his life. Yet you take the losses. Is there NO accountability?
Analyst Actions: Benchmark Initiates Top Image With Buy, $7 PT, Cites Growth Drivers; Shares Flat Early
BY Midnight Trader
— 8:01 AM ET 12/10/2013
08:01 AM EST, 12/10/2013 (MT Newswires) -- Analysts at Benchmark have initiated coverage of Top Image Systems Ltd. (TISA) with a Buy rating and a $7 price target.
TISA develops and markets automated data capture solutions for managing and validating content gathered from customers, trading partners and employee
"Despite predictions of modest industry growth in the core business, we believe TISA has a handful of growth drivers lurking beneath the surface that are currently not factored into the stock," Benchmark said in its report. The firm also said TISA is "becoming a more attractive M&A candidate given its industrial-strength capture technology, international customer base and emerging mobility growth story."
Shares of TISA are unchanged in the pre-market session at $5.14, amid a 52-week frame of $2.52 - $5.44.
"It is customary to refer with great respect to the 'bloodless verdict of the market place," as though it represented invariably the composite judgment of countless shrewd, informed and calculating minds. Very frequently, however, these appraisals are based on mob psychology, on faulty reasoning, and on the most superficial examination of inadequate information." - Benjamin Graham, "Security Analysis" Chapter 32.
I don't know anything about management personally. I do know that the company would not have been able to attract as CEO the well-regarded former head of American Greetings' internet subsidiary if he hadn't been convinced about the long term strength and relevance of the business model. And I know both PERI and Conduit would have avoided the merger deal like the plague if either had thought the other was shady. And I can understand the business model as described my management and believe it could be both profitable and fast-growing.
If one bad actor in a business space (Babylon) meant all competitors were doomed, well we wouldn't have had any telecom companies after WorldCom imploded, would we?
So the choice seems to be to believe that either both sets of management are in cahoots to play games with shareholders in pursuit of short-term profits, or to believe that Muddy Waters is playing games with shareholders in pursuit of short-term profits. Since I thought Muddy Waters research had about the same value as a used coffee cup even before they appeared on the scene here, it isn't really hard for me to make my choice.
"Are you short on the stock or something?" Are you kidding? Muddy Waters aka muddyinsights aka Carson Block is known for "short and distort" techniques.
I don't follow the industry closely enough to know who that might be. There must be dozens of firms including startups who could contribute useful technology.
I can't see what other reason it could be. Or at least to give them the ammunition for an acquisition if they want. It isn't like they need to sell stock to pay off debt.
Well, the stocks shorts attacked last year sure are doing well. Take a look at a 2-year chart for QCOR, up 130+% in 2013 after getting attacked last fall.
seeking alpha is hardly going to seek recourse. They publish anything on their website that will increase their clicks and ad revenue, until someone mentions legal action against them.
Everything gets to fair value eventually. When, I have no idea.
Seems like a jump just back to where it was in the middle of last week isn'y enough though.
Now you know never to set a stop loss, because in these days of High Frequency Trading someone smarter and faster than you will take advantage