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Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?


To: SG who wrote (2359)6/17/2011 11:25:54 AM
From: Glenn Petersen  Respond to of 3862
 
It was. At one point the stock traded as high as $31.89. They suffered from a lack of transparency. Their quarter-to-quarter results were all over the board and they repeatedly blindsided the few analysts that followed the stock. They also signed deals that bore no relation to the core business. I traded the stock a few times but never held it for more than two weeks.