Mike, re. short interest, what's a measly 2.8 M shares? Heck, on a good day the co. itself could sell that many shares. ;-)
You are quite welcome for the translation of the Welt article. It was a lot easier than the FAZ article. The Welt reporter, though, seemed to be less on top of things ... notice for example his/her confusion about what Asensio said about the Turbo patents.
To answer your question, I can't answer, really. I don't have much to say about Asensio, because IMO he is not the issue. The issue is the stock promotion scheme and the underlying lousy co.
I do my own research from original sources, as I recommend that others should do. I don't really care much what Asensio says, because he isn't an original source.
BTW, I'm just participating here for the pleasure of the camaraderie here. I don't actually have a position in this stock anymore. The other day I thought I would pitch in and help reverse a big intraday decline. I did this by buying some of Nowek's fine new shares when they slipped below 6.
That was just a trading maneuver, though, and not my expression of what the shares are really worth, though. Based on the value of the wheel division, I think TRBD shares are worth about 2-4 bits. Today anyway. Less tomorrow, after they dilute the stock some more. |
