MrB;
<<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.>>
Sorry Bill but I disagree. Pluvia and his cohorts have villified this co., called the mgmt. crooks, claimed they have absolutely no useful products , and predicted bankruptcy in a year!!! NO chance to survive.A minimum of couple hundred times!!!.
So if you would like to be taken seriously you need to look a little more careful at who you defend.
<<However, the business model doesn't lend itself to a "high revenue-low expense-high profit" situation. It's not a major money maker>>
Interesting point. Obviously I disagree but as I don't know what you think srcm's business model is I can't evaluate your position.
Would you please tell me more about their business model. Maybe you are missing some pieces or maybe I am. I'd like to compare notes on this as this is a subject rarely discussed here.
<<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 sure they are good. So good in fact that I find it absolutely impossible to believe that they really believe this co is a total piece of s--t. Rather I think it presented an easy shorting opportunity after the july runup[ some folks believe the shorts actually created the runup with rumors while at the same time initiated the short position]. Then greed set in which is the only way to explain why they didn't cover at 4,5,6,7 $$. Now they are in a losing position and are fighting to drive the price down so they can cover. Now they are stuck and from their posts are getting pretty irritable. It breaks my little heart.
Have fun in Colorado. I heard they finally are getting some snow so maybe you won't freeze your ass off for nothing.
mw |
