and....
cybr keeps sliding away.... Morning all. Its been awhile. Thought I would drop by and see the carnage. Looks like the same people discussing the same bs here still.
Also looks like Greenberg keeps hammering this one.... From his column this morning...
Peace
Jetter
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Blast from the very recent past: This column has railed for a long time against message boards, because you never know who is saying what. And from a corporate standpoint, they can be sieves for insider info. Enter Cyber-Care (CYBR:Nasdaq - news - boards), the maker of an Internet-based patient-monitoring system, which has been the focus of numerous items here lately.
Just last Wednesday, someone who goes under the handle of "henlif" posted a message on Raging Bull saying that he had talked to Cyber-Care's chief counsel Danny Bivins, who had told him the company had hired a new public relations firm. The next day, a press release was issued with the same info. Not earth-shattering, but considering the low price of Cyber-Care's stock at the time, any good news could be considered stock-moving news. And, indeed, Cyber-Care's stock rose on the news.
Interestingly, that's not the first time that someone has leaked insider info to the masses via the message boards under that name. Back in April, henlif posted a message saying that Cyber-Care CEO Mike Morrell had told him the company would issue a press release at 7 a.m. the next day announcing two big equity investments. True to form, at 7:02 the next morning, a release appeared. What does Cyber-Care have to say about the situation? My sidekick, Mark Martinez, tried calling the company's new PR firm but didn't get any further than a tape-recorded message asking him to leave his name and number. (He did!) Cyber-Care officials, meanwhile, didn't return his call. |
