Why I am buying again today decidedly after reading more and more this board. This is what I read:
1. Posts of a buying opportunity are not found any more lately.
2. A team of well organized traders, or shorts as we call them, posting around the clock for the last two weeks or so discrediting the company, their management and the way to disclose NR.
3. This is all deja vu - the same material I read on this board when the sp was dragged down to $2.75 from $5.99 by last July.
Late June I loaded up heavily with an average price of $2.9 and within two months I sold all at $4.95. Since then I see the fundamentals of the company is actually improving with both earning and revenue growth. The shorts' thesis of lower growth cannot come up with any solid proof with data. Also the attack on the management is always the shorts' regular tactic and is nothing new to anybody. But thanks to them I am buying heavily again today and tomorrow with the right prices.
Ths stock is a easy target for the shorts because retail investors own most of the floating shares and which makes it easy to sway the pendulum one way or the other. But at the end of the day it is the earning and growth that will speak for themselves and the market will recognize it. Big funds will be back and never mind what Jason Mann said as he speaks as of right now, not future prospect, and he does not follow this stock that closely.
Good luck to all longs.