Eric
Mon, 04 Apr 2016 14:51:13 GMT
I hear talk of a recent employee lawsuit against the company for compensation negligence. But there are lots of reasons why this stock is hitting new 52-week lows. Management is full of empty promises. Remember when Gomes paid like $80k to hire an independent research outfit to analyze this company and predict how fast they can grow? And Gomes used that report to double down on this awful company. Where is he now?
Yeah but the risk reward clearly said we should have sold it 8 ... So stupid us.
Thanks for the reply
Did Mark say he paid 80k? Wow that seems absurdly high, I thought it was 20k by the way he was talking - who pays an academic for stock research anyway - it would seem those in the know should be from industry
Remi, have you heard of any accounting irregularities as implied by someone on the Yahoo message board.
i haven't heard of anything - it seems just a company with not so great leverage as I've stated before. Once they show the hint of leverage and profit, investors will come piling in but until then while they lose money the stock is more speculative and could continue on a general downward trajectory over time. If you hear something on yahoo though, take the time to research it to verify - there's alot of garbage talk floating around and its up to you to do some diligence on your stocks (either that or ask Mark on Seeking Alpha since it should be one of his top picks...).
Thanks Remi. I did email Mark but got no reply. Does not surprise me.
and now second best pick of MG MATR is tanking today 3.33 ( -12% down after earning) , even in his current portfolio at PipeLine Data MG has MATR at 7% positioning and he is still bullish on SA.... short what he recommend you will be rich.... Yesterday it was GLUU and today it is MATR which has literally screwed me because i was following a guy who will be with us through thick and thin...
Man, I am in the same boat. Average price 7 dollars and down to 3. Mark has added 5 yrs to my retirement. Stupid me. The guy doesn't give two hoots. Effing keeps on rubbing it in instead