Bababooie

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

Relmar,& AMS61064-
I believe Mel's strategy is to release the debt information when trading prices rise & fall within a 5% normal range. The release of all the information at once won't do a lot to get Siri back into a proper trading pattern. The stock needs a regular pattern of good news for the investor. The recent downturn was a classis example of a massive drop in share price due to lack of news, followed by the strategic BK announcement. We are not talking Enron here, SOX makes sure of that! This is also not a company that is a lending instutition, taking chances with over a hundred thousand dollars per customer. The product does not cost tens of thousands of dollars like the automotive comapnies are dealing with. The reality is that this product costs less than the price of a good stake dinner per month. It took six months of quick decline to get to this level. A little more patience and hopefully more postings on this stock than once every for days. Even if Seeking Alpha does a recap of Tyler's show!

Killer-
FULL STEAM AHEAD!!!!!!!
SMOKE 'EM IF YOU GOT "EM ! ! ! ! !

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

So . . . after reading financial that was posted. Only Feb Debt is resolved. A 250m amount was provided to pay off the 172m debt in February, plus an aditional amount for attorneys, and other office expenses (a party maybe?) This rise is just about where it should be with only the February debt resolved.

I'm not a hater, just a realist on this one! If anyone reads anthing else in the SEC filings please let me know. I would be willing to be educated on this one.

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

The movement we saw in this stock was the buy on the rumor sell on fact type of trading. Ths stock is not moving fast, but its moving. I imagine that all the smart shorts are now out.
The financial statement also left a lot of debt out of the picture. Gonna take a little time today and find out exactly how much debt was taken off table.