Josh

TheStreet.com's Revenue Grows 25%, But Insiders Sell and Company Gives Up Selling Itself (TSCM)

Nice analysis: Two additional thoughts on the recent call:
1. The CFO is resigning to "pursue other [undisclosed] interests". Often, but not always, a red flag.
2. Mad Money may have blocked the sale of the company. They will never admit this of course. But would News Corp. or Time Warner, for example, really consider a strategic purchase of an internet property that was tied to a television show on a competing channel? I doubt it.
[no position]