We have a thinly traded microcap company. A stock market down 1% today. A big shareholder selling over a days volume of shares. Two SA hit pieces by the same author who admits to be short the stock.
AND the stock only goes down a bit!
Same author and the quality of the article is the same. All irrelevant garbage. It is all rumor and innuendo from a decade plus ago. That said, if I were Borg I would sue the author since he is saying some pretty nasty stuff.
To summarize the meat of his argument...."they just can't keep doing this well."
He is selling all 102k on the new 144 today at least if that is what the April 29 date means. What a db. Well, the fact he can legally sell now proves he is not an insider. There are always a few people willing to sell $1 for 50cents and Borg is one of them.
Sorry b_fr_nk, I should have read your post more carefully, you already had the April 15 number several hours before I even looked.
You sure hit the nail on the head. What strikes me is how these guys were able to conserve cash when it is in their own best interest. Luckily this is the one time when their interests also happen to align with shareholders.
Also, how can they really go from pumping/promoting OIS quarter after quarter to saying absolutely nothing about it. That too is sad (as in pathetic).
If the deal happens, $4 appears to be a lock. No matter what happens, I'm sorta happy to be out.
equal to 0. It also tells me the cliff research SA guy has a set the size of bb's.
What a stupid article. Clear attempt at manipulation by the author. I just reread the NAII PR and they are crystal clear and state point blank it is a reissue and further down they state very clearly exactly why it was reissued when they talk about the specifics of one of the claims. If this all that the tiny number of shorts can come up with then they (the shorts) are in real trouble.
That article illustrates the problem with Seeking Alpha. ANYONE can pen and submit an article. Of course that is also its charm.
The April 15 short interest number should be available within the next day or two. I didn't check yet today, but will head to Nasdaq and take a look now.
I think the sort of email you sent to Mr. Ferris is a good thing to do if for no other reason than to keep shareholders at the forefront of the CEO's focus. Let us know the reply.
an analyst want to downgrade a "$5" stock that is clearly at multi-year lows that is also trading below book value and is seemingly in the midst of taking actions to ensure a brighter future? Simply so they can steal a few shares for some of their better clients. Works on the other end too so when the stock is at all time highs and analysts are still upgrading....that's when us little people need to bail out.
I don't know. I just see 2 where there used to only be 1 when you click on analyst at Yahoo Finance. Since there are only 2, you can see the numbers for each since they post a hi and lo.
Tom, I posted here when I sold the vast majority of my shares. And I gave my reasons why at the time. I also never ever pumped anything. I state my reasons for owning and what I believe will be happening. 1.50 to 3.70 in a few short months isn't so terrible.
dump 100k shares at the market and only have the stock sink a temporary penny. Also nice to see a second analyst step up with some coverage and estimates of bottom line EPS profitability for Q1 (Apr/May/Jun). Also cool that Q4 will be announced late May (per SEC) rather than early June. Everything seems to be coming up roses of late.
I agree with you 100%.....yet I would guess that none of us (you, me, hopeful, etc) bought any shares above $14.
My two bits is that I think the stock is simply resting and most other investors feel the way you and I and b_fr_nk feel. None of us wanted to buy a bunch more shares at 14+, Yet all of us saw it as a good and timely buy last week in the low 11s. We all have as many shares as we want and are willing to wait until the upcoming quarterly report to add more if warranted.
My guess is Borg doesn't have any idea about anything but that is just a guess.
Very true. The one good thing is they pretty much said July through Dec would be much better. Tick tock goes the clock.
No, I will not sell. I will likely add more shares over the next month or so. It just frustrates me when companies fail to execute the simple stuff flawlessly. And by "simple stuff" I mean stuff that simple requires persistence and sticktoittiveness and bullheadedness which is what the efforts underway at Stanley are all about. They are not reinventing the wheel or coming up with a new iPhone or nanomaterial. All they are doing is putting together a factory to cut a little wood, apply some foam, some fabric and 12 trillion staples.
had to do was get a new factory up and running and make some sales. Not exactly rocket science. Now we know why they cashed in the LI, to eat through it with operations. Pathetic.