Geoff Krone of Stockhouse wonders:
>>
"Ron has been posting on the SYD thread at SI for a while. He does not follow the company nearly as closely as many of us
do, and he uses a TA computer program to guide his decisions. Claims to have held a substantial position in SYD at one point
but sold it a while back (not sure exactly when.) Late last week, he was warning people at SI that his program was giving a
sell signal (which would, so far, have been a loser!) He claims that he still is holding some of his original position as free
shares, and would buy back in if he saw a reason to. He has criticized Sideware as a "one product company" and said
recently that he viewed tham as having the potential for $5.00 "tops." This was apparently based on his assessment of
fundamentals, rather than coming from his TA program.
Ron posted at SI very late last night (3:45 AM ET) that he had attended SYD's party. Gave no specifics whatsoever, said that
he had some good news and some bad, with (IMO) the overall tone of his post implying that it was considerably more bad
than good.
I've seen no reason in the past to think that Ron was dishonest. I assume that he really was there, as he claims to have spoken
with OJ briefly and with George from Agora. He also says that SYD people became very concerned about what he was going
to report once they learned that he was a shareholder who posts on the net. However, I will certainly be wondering about his
motives if he does not provide anything more specific to back up his completely uninformative middle-of-the-night negative
post before trading opens today.
For all I know, this was Ron's effort to hold the price down long enough so that he could load back up again!
Here's a link to his late night post
Best regards,
Geoff"
>>
"I just read Ron's post again and realized that he has said he won't be providing specifics until the weekend.
All I can say is, you really have to wonder about the motives of a guy who has enough energy to post something with such a
negative tone at 3:45 AM, but not enough energy to say anything specific whatsoever.
I'm not totally convinced that anything anybody posts on these threads really has much of an impact on the share price.
However, I certainly hope that SYD will not allow Ron Margraf to be the only person who was at the party to be reporting (if
that's what you can call his empty statement) on what took place.
Best regards,
Geoff"
>>
I can not help but wonder myself...Long and still accumulating for the NASDAQ move...
Later...Gator
BTW, Here's a very interesting URL from Witherspoon at Stockhouse: governmentexpress.com |
