< For me, the bottomline is this with this stock... I've seen nothing nor heard nothing that makes me believe this is a bad investment. Their product is sound. Maybe their PR company deserves a kick in the pants, but the company will overcome that. >
Amen.
I've not posted to this site, but I have watched it closely for several days. I believe people like Floydie and Bear Down can offer valuable insight when a company truly is shady. I do not believe that SFLK had shady intentions in releasing information to the public. My opinion, of course, but Purchase Orders and contracts don't lie. If they have the business, then we longs are okay. If not, we're done. Not only that, but we quickly have respect for Floydie and Bear Down.
Common sense says the price increased due to the favorable news released to the public. We all know that. But I don't get the insuation regarding the $50,000 payment to the PR firm. Are they supposed to work for free? I agree with you calypso...SFLK should take a serious look at rebidding their PR work with a quality firm. The legal expense they incur from the SEC investigation could have been used to hire a better firm.
The market is down...especially for internet plays. If you're in for more than $5 and you believe in the company, then average down. As we all know, if we sell the shorts win and we lose...period.
I have two questions about this company, and they relate to its management: 1. What does this incident say about them? 2. What was their trading pattern during this price fluctuation?
Sorry about the long post. Can any one help with these questions? |
