Is stock shorting needed or does this create more worry in a troubled market?
Today's traders have enough worries when it comes to global crisis American debt and of course the Middle East. Groups of short teams have been rumoured to loom over active and rising stocks in hopes of playing on junior investor emotions.
Today these same teams may have targeted the shares of INT.V that has seen a very strong run on its share price and a massive following for its Ortsbo translation platform. This following has attracted the likes of Gene Simmons who we all know from the rock band Kiss. His legend performing seems to be surpassed by his legendary status in business and he seems to shine while all others struggle.
Now Gene has taken on an added role as spokesperson and partner of Ortsbo and this could be part of the recent activity and rise in market cap for the shares of INT.V Intertainment Media INC. The statistical numbers alone are enough to stock readers in their tracks but when you couple that with the news on the continued rise faster than Facebook this has to fuel the investment fire.
Stocks are an investment based on speculation that the price will increase. As this price has increased so high and so fast the
shorters smelled an opportunity.
A
dedicated shorter may have even gone as far as to suggest the statistical numbers put out by the company may be exaggerated.
We have in recent months seen some shorters in court and this fellow may be in for a rude awakening. Posting suggestions of a pull back or end of a run are one thing but maybe these guys have gone too far. Unfortunately the victim in the short plays are the small investor who panics or is sold out through a stop loss.
Seriously though look at these numbers, look at the players now involved with this company and look at the recent valuations put on Social Media. Did they pick the wrong stock to short this time?
Ortsbo continues to experience strong viral growth with over 80% of users coming direct to the Ortsbo web sites and not as a result of search engines or third party referrals.
The following are key highlights of Ortsbo since launch (July 22, 2010):
Growth to 12.2 Million Unique Monthly Users
166.3 Million Minutes of User Engagement
116.9 Million Page Views
51.8 Million Online Sessions
34.7 Million Unique Visitors From Over 170 Countries / Territories
91,000 Facebook Fans
11,500 Twitter Followers
Ortsbo supports global communications with instant translation capability, real time multi-lingual social media chat and instant Twitter translation allowing users to communicate with family, friends and colleagues around the world.
The following graph displays the significant growth of key performance metrics of Ortsbo.
https://media3.marketwire.com/docs/OrtsboImages2.pdf