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It's a bad day for Jonathan Lebed's stock touts. Synacor (SYNC -26.8%) and BroadVision (BVSN...

It's a bad day for Jonathan Lebed's stock touts. Synacor (SYNC -26.8%) and BroadVision (BVSN -14.3%) are both crashing after posting Q2 results (I, II). BroadVision's Q2 revenue fell 5% Y/Y to a mere $3.8M, and EPS came in at -$0.54. No Street estimates exist for the company. (BVSN transcript)
Comments (2)
  • Why would you he never dumped all his holdings b4 the Earnings Report. With the way SYNC was manipulated week in week out after NIA announced their purchase. They might not have astronomical profit as they did with BVSn but am sure the constant swapping of shortsales ensured some good profit for them
    26 Jul 2012, 01:48 PM Reply Like
  • Shakazoid makes a worthy point re. NIA & SYNC.

     

    Why didn't Lebed & co. dump a chunk of SYNC B4 earnings - & now he's buying more SYNC after the so-so earnings are out.
    Especially with the potential dark cloud of IPO SYNC shares coming out of lock-up in August. ???
    26 Jul 2012, 04:33 PM Reply Like
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