The most amazing thing is that Cery Perle, the guy is a Houdine levitating IBUY. After all this bs including an SEC halt, 23%+ of IBUY revenues found to come from his firm WALDron, lawsuits all over the place (class action, ex brokers, clearing firms,et al), a 5% gross margin business model, huge cash quarterly burn, private placement of seriously high rate debt, getting fired as the investment banker of record, the list goes on. But, amazingly enough, the guy props up the stock for his buds Aubry and Harris who've amazingly stuck it out with the guy.
However, with not so much investment banking and sales/trading biz, Perle has opened a new school for wayward BD's that've lost their edge. Have you heard of it? It's called the Cere Perle School of Above Market Buyins; how to get rid of pesky short selling market makers and enrich your proprietary trading account." I have it on very good word (I'm a connected guy) that David Thomas Travis of Patterson Travis (TRAV) is the first to get an Associate Degree from that august school for his cowardly work with respect to AENG. |
