Seeking Alpha
  • Stone Fox Capital
    Listened to the last $VELTF presentation with the CFO. State that even Q1 would be cash flow breakeven.
    10/10/12
    Reply (7)
    • James Sands: Market is selling to relieve pressure before another rally.
      10/10/12
    • PeterScriabin: According to Leslie (IR) and the YMBs (admittedly not a great source, but quite consistent and gives detail), there is another short report.
      10/11/12
    • James Sands: What short report are you referring to? Like a Citron report?
      10/11/12
    • PeterScriabin: Hi James - YES. I hate this rumor stuff, but the YMB poster (and please see AUGT board for more detail) referred to "a hedge fund".
      10/11/12
    • PeterScriabin: Leslie also seems to know about it (eg. the claim they will burn through their $50m loan line in H2).
      10/11/12
    • PeterScriabin: I bought more, and will do so again if it goes back in the 6s.
      10/11/12
    • James Sands: Good luck, I added under $6 and will wait a bit before adding anymore.
      10/11/12