RE:RE:NEW SeekingAlpha Article QUIPT Warrants/shortingSo the new one year target price for the SeekingAlpha guy is $9.50. To think the longs did not take profits at $10.00 and ignoring the warrants/shorters would bring it down to $6.40, made no sense. Plus the buying they did, like Gibbons on the way down. All out of the money. It was all a no brainer.
I feel sorry for the guys that think Gibbon's is Warren Buffet. He led his flock down the wrong path.
Now Gibbon's EGO will not allow him to say he is was wrong. I don't expect anything less from him but more abuse and to spin it all. Like the fluff IR guy he is.
Now he will say, I told you so, which will be a total lie. His learned abusive Step Daddy issues, leave him in the position where he needs to feel in control and have a fan club to try and get his own way. Even to his own depriment and those of his flock. The real market doesn't work that way...
Sad to watch, but takes all kinds.
GLTA and happy fathers day.....
See you when we have more news...