RE:RE:Question for LatticeThanks for the response. I haven't lost nearly as much as some of the other longs on this board (although it is a lot to me), but I've learned my lesson and won't make the mistake again of investing in companies that are heavily shorted. If there is heavy short interest in a company, there is likely a good reason for it, although it may not be obvious.
LaticelnExile wrote: MustardTiger88 wrote: I know you are short, but are you representing a firm or is this a personal endeavor? Just curious because you spend a lot of time and energy on this board and I would appreciate the disclosure.
Actually I don't spend much time on this bullboard, but thank you for your concern. (I can type really really fast just so you know and if you will notice I didn't post yesterday until late in the evening as I wasn't in my office all day.) I certainly do not represent any "firm" and I have previously disclosed that I have personal risk on that table. I have a keen interest in forensic research and uncovering BS by lying management. If I can offer any advice (and I know that I am not being asked here), it would be not to invest in a company that has a large, unrelenting, short interest that has a strong conviction. Chances are that the shorts are right. I feel for "BlueJayFan" and the caller on BNN "Steve from Sudbury"... the investor who doesn't have the time or the skill to research this company and the layers and layers of information they bury in their regulatory filings... and as a result investors fly blind on this company. Many here have made their investment decision based on the thinnest knowledge and evidence. In my opinion, there is no bigger crime than fraudulent companies ripping off people from hard earned money. People can blame short sellers if they need someone to blame for their poor investment decision, but I can tell you that short selling is far too dangerous a game to choose companies with strong balance sheets and strong management to short. I am just stating my opinion, for what its worth (2 cents maybe)... and I have never given advice"on this board or off this board by telling them to sell or buy at any point (although my posts have a strong short bias). I have appreciated the numerous messages from self proclaimed bulls on this board, such as Marcel7 and GraveDigger who have held this stock since the AMCo acq days and thanked me off board for posting information that they would not have otherwise been aware of and had saved them from having massive losses. That makes it worthwhile. For the others, well just put me on ignore because I know I am not for everyone.