Well, you may've humored me, but, as I expected, you didn't answer my questions.
IMO Kugler and SMartin are systematically attempting to tank
stocks which reveal a large short position and/or short squeeze. ADVR, KNIC, etc.
Okay, I guess you answered the "What's your point?" question. Not the rest, though.
Why would they be systematically attempting to tank stocks? The only way they would profit from doing so would be if they had somehow managed to take illegal (assuming they're Americans) short positions in them.
Ever hear of "Occam's Razor"? Essentially it is the maxim that the simplest explanation is often the correct one. Which is a more simple explanation?
1. Kugler and Martin short companies that not only would be illegal to short without being a market maker or a foreigner (if my understanding of it is correct), but whose prices are already low enough to be downright scary for anyone to want to short them.
2. Kugler and Martin don't like to see stocks hyped when the fundamentals do not warrant the hype job.
Personally, I'm in the latter camp. Why does it seem so odd to people that some might want to question "facts" before they buy, or put effort into refuting those "facts" when they believe them to be untrue? Some of us do have altruistic motives, Pugs.
Let me point out here, too, that I've seen allegations that the "nays" are trying to convince people to sell their shares. Maybe there've been one or two messages to that effect, but I have yet to encounter them. The underlying message I keep seeing is "Don't buy more/any until you're sure you're not being jerked around by the company and its promoters."
There are folks here who keep telling the readers to buy as soon as it opens and to call in the certs. Isn't that a bit extreme before we even know what the SEC will do at the end of the 10 days? The "nays" don't seem to be going anywhere near as far as some "yeas", yet you are slamming the "nays". This, to me, is a clear sign something's wrong. I've seen this particular warning sign in other stocks, and it's always been a reliable omen.
I rejoined this thread to see if I could gather any information that might help me determine whether to buy when/if it re-opens. True, I wouldn't have relied solely on information provided here, but was looking for leads. However, the first thing I noticed was enthusiastic slamming of someone I've long considered the most credible poster on SI (he made one major bad call, yet you seem unable to find it, or perhaps you don't "recall" <g> where you've seen it before).
Those who blindly follow only the most prolific posters or those who use the prettiest rhetoric, while ignoring the warnings of those who have an amazing track record of being right about such things, deserve everything they get. Not only am I now convinced I need research this company no further, I don't feel compelled to wake such folks up, or even to defend Mike.
The greater the number of folks who ignore such people, the fewer will be in my way when I heed them and buy or sell accordingly.
Personally, I hope that those who are in this stock, yet didn't hype others to get into it, reap rich rewards or at least salvage a majority of their investment. I've turned quite pessimistic about this one, but because of the number of people in it, I certainly hope I'm wrong.
With that, I end my participation on this thread (unless I feel a need to defend myself). |
