Hi Mike.
I enjoyed your cleverly written post. :-)
FWIW, I bought IOM long ago and still have shares (although I wish they wouldn't split the stock again at this point). But what we're talking about here ain't hi-tech, in spite of PR phrases from the company designed to convince you otherwise; we're talking about chewing gum, and in contrast to what you say, any company that books barter credits as revenue is almost by definition using aggressive accounting.
SuiteStock, as I've said before, I have no position in the stock right now, although I have gone short in the past and closed basically flat when I needed to use the funds elsewhere. It's a shame that I have to repeat obvious points, but here's a few basics about posting. No one should give a hoot about the position a poster has in the company or the motivation behind his posting provided that (a) merely a question is posed, (b) any information given is verifiable, and (c) any opinions expressed are clearly identified. No one should take something from an anonymous poster as an argument from authority. I personally don't care if Bozo the Clown posts on these boards if he has a point to express. So let's knock off the "you'll loose, Shorty!" nonsense. It's just silly and a bit embarassing.
Alan has raised some very good questions in the immediately preceding post and I hope one of the bulls on the thread will help us to understand the answers. In addition, I would also like to hear what it is in the CEO's background in the way of concrete accomplishments at past jobs that has inspired such confidence in his management skills. I keep hearing from bulls about how great he is but I have not seen the evidence. I'm not saying he isn't competent, mind you, I just haven't seen the evidence that he is- it isn't something that's easy to come by, so anyone filling us in here would be appreciated.
Thanks.
Anaxagoras
(still a GUMMie bear) |
