The flames continue:
MW tries to squirm out of his lie once he is exposed by claiming he meant unspecified posts in the past, and not the one directly dealing with this issue:
<<That's posts , PLURAL. And I was referring to your history of analyzing this stock. For 6 months you have been telling people your "short" story. You have blasted the mgmt, blasted the research analysts, pulled apart every 10q,k etc, denounced their technology as outdated and soon to be rendered obsolete, ignored their intellectual property claims, and PREDICTED ABSOLUTE BANKRUPTCY within a year. You have claimed their stock will ultimately be ZERO and have shorted it at times in the low teens at least and possibly in the single digits. >>
My past and current opinion on SRCM:
SRCM management is still a bunch of promoters with no business talent.
The brokerage houses covering SRCM have been compensated with investment banking fees or warrants and thus are not objective.
I am evil for reading the 10Qs and 10Ks when I should have been a good boy and just blindly accepting anything management tells me. Then I could be just like you and good sheep.
Their technology is outdated and will soon be rendered obsolete.
Their intellectual property claims have yeilded only a small settlement years ago and have very little value.
If this deal doesn't close, they will go bankrupt next year. If it does close, they will probably still go under, it will just take longer.
SRCM stock is a zero waiting to happen. I have shorted it in the teens, 20's and 30's. And based on my calculations, all those numbers are much higher than zero. That's a math thing, you wouldn't understand.
Regards,
Poindexter,
Once again proving it is better to be a smart*ss than a dumb*ss.
Of course, the preceding is just my opinion of SRCM and MW. Everyone should perform their own due diligence and not rely on anything posting in this or any other public forum or sheep farm. |
