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Tangoe (TNGO -12.3%) crumbles for the second day in a row (previous) due to a critical report...

Tangoe (TNGO -12.3%) crumbles for the second day in a row (previous) due to a critical report from Copperfield Research that questioned the company's growth rate and management's ethics. Shares are now down 30% since Aug. 28, when The Street Sweeper, which just closed its short position, issued a harsh report of its own.
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    Will be interesting to see if analysts come out defending (again) next week or actually give the Copperfield and Street Sweeper pieces a critical read, and admit mea culpa. The pieces are thorough and compelling and hold up if you actually review TNGO's SEC filings. I think TNGO will go lower. Disclosure: Short TNGO
    7 Sep 2012, 04:24 PM Reply Like
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