MW, this might surprise you, but I think we're all in agreement—Steve, Auric, you and me, too. The company isn't a complete sham and I don't think Steve has ever stated that. Perhaps you're reading too much into his posts, as you've done with mine? Heck, SRCM and I even have a common customer, so I don't think they're a sham.
However, the business model doesn't lend itself to a "high revenue-low expense-high profit" situation. It's not a major money maker. I think that's all the shorts are suggesting. Thus, whilst the stock is not a "Less-Than-Zero" sham situation, it will find a warm, cozy home in SingleDigitLand™ when the hype smoke clears.
You disagree, and that's fine. One should note, however, that Steve and Auric research thoroughly enough to earn their high batting averages. People get hosed on the other side of the bet.
I'm leaving to freeze my ass in Colorado for what some might call a vacation. You guys have fun, and try not to kick out each others' teeth whilst I'm gone. Hope there's still a thread when I get back.
Later,
-MrB |
