I love reading the SYQT messages here.
Since I called my broker, Smith Barney, and they refuse to take any orders for a stock under $5.00, I haven't been able to rebuy for pennies, and get my $4.00 a share down to $1.00, to be in range for any positive moves. Oh Well.
However, I find the recent six or so messages interesting.
The news report from Sept. 29th is old news. I am surprised at the positive tone of the subsequent messages.
Did everyone notice the news about the SEC actions against touting stocks?
Now it may not apply to individuals, with no more than their own investment interests at stake, but it still makes one wonder.
I have been positive about SYQT for sometime, and know the ins-and-outs of the industry they are in.
But, money is money, and if they cannot meet payroll, vendor payments, or collect receivables in a timely manner, because customers are holding payment against the return of defective products, advertising claims, price protection claims, etc. etc. etc., then there is no magic wand, or magic product developments.
Many companies have failed, even with good business models, plans,and products, because their customers protected their own interests against often unsubstantiated beliefs that a company is in trouble.
Unfortunately, SYQT's problems are not, unsubstantiated.
Has anyone got a specific handle on the Accounts Receivable, and what percentages are past due?
Anyway, let's avoid misleading optimism, just to cash out on some daytrading profits, at the expense of the unknowing.
Or is everyone just in it for a buck? |
