There is no way this is going up tomorrow....period!
Yeah, basically, they were expense stock grants as if they were 2 cents a share instead of their real value at the time which was probably 30-40 cents a share, there by making their loss seem much lower than it actually is.
This 8K is important. I believe it represents the correction in the financials that the SEC was probably requesting. Basically, their 10K last year had a non-gaap loss of $2 million...now that they have corrected it, it's a $16 million loss....This is because of the way they were accounting for expenses related to stock they were giving their Directors.
Dude! This is a big deal...fudging your expenses is the equivalent of fudging your revenues...c'mon
This has nothing to do with insides selling stock. This has to do with how they are counting expenses...making them look less than they actually are...they gave outside Directors millions of shares at 2 cents/share....while the open market was pricing them at 20/30/40/50 cents a share...It was a gift...and that's a big no-no.
really? look at every stock he has pumped in the last year? SYNC, BVSN...he's a liar. Take Broadvision, he was pumping this all the way up to the 50s on based on a product called Clearvale they have...how many customers does Broadvision have on Clearvale? ZERO!!!! AND HE KNEW IT THEN AND HE KNOWS IT NOW...TRUST ME...GET OUT OF CCUR...THERE ARE OTHER PLACES TO PUT YOUR MONEY!
He has been pumping this stock for weeks. Don't let him take your money. He is paid to pump it and he has a client that waits for you buy while his clients sells then it tanks! He did this same thing to SYNC and look where that sits.
The barrier to entry is pretty high for competition to get into this space. COKE and Pepsi sell bottles, not machines. It wouldn't surprise me if one or more bottlers made a play for SODA.
Look at a weekly chart for AUY for the last 3-4 weeks (Candlesticks) and then look at the pattern from the 3-4 week period of June/July 2011...They are exactly the same and then look what happened in the 3 months of August/October...Looks to me that we are poised for a takeoff. Anyone agree/disagree?