chiggins

Vizio Leads LCD Sales; Syntax-Brillian Remains in Seventh Place

Uh, with 50% of the stock short and earnings coming up, this Yahoo poster (for hedge funds who are not sure if they'll get smoked on this one) puts out yet another hatchet job. I'm sure if BRLC came out with blow out numbers and all receivables paid for in record time, they would still try to smear this one. If the hedge funds could put this company out of business they would. The true snakes in the grass are those that pile on the shorts just to sink the stock, of course, not using their money but OPM. using websites like this which publish anybody who can type is part of the strategy to scare you to sell or not buy. A large short fund does not want to give in and get a short squeeze. it can be quite damaging ti them. So they create the myth and rumor mill of fraud or failure to give them a lower price to cover and with the selling pressure they can hide their covering since it won't appear as a squeeze.

Syntax-Brillian: Short Interest Up, Stock Price Down

okay, more ridiculous comments delivered on this site by a highly unqualified, possibly paid bashing, short poster. The statement that the stock is down as the short interest shot up to 23 million (which is over 52% of the float) is merely explaining that the pressure of the shorting has caused the drop. Barring Refco or Novastar, this size of shorting does not pay off particularly if the company is growing very quickly and is earning money has hardly been a good idea to be short for any lengthy period of time
( financial.seekingalpha...;u=87990 ). Just ask David Rocker who had 1.4 billion in 2003, now evaporated to about 400 million. Or ask anyone listening to Street.com or Herb Greenberg telling you to sell Apple at 55 or Crox at 24 or Amazon at 40, 60, 70,.etc. Th fact is these bozos were short along the way.
This article and many like it are simply tools to scare people out of their stocks and cause selling and shorting to then give hedge funds a better crater effect to cover. With the help of a market maker a hedge fund can produce FTD's and naked short with abandon in essence counterfeit the certificates through the Electronic X Clearing between brokers. BRLC has a negative interest rate to shrt at 11% meaning it costs 11% a year interst to short the stock...legally that is. Now, back to what the writer here claims.
First, the writer sites Sony and cheap TV's they'll sell at competitive prices to Olevia. That is ridiculous since Sony's costs are so high that 17% margins are not enough for them. They need over 30%. By the way in 40 years Sony has never sold at the same prices as 2nd or 3rd tier TV's. Why start now?
Second, he says the company does not have the capital to support their sales guidance. I guess he overlooks $155 million they got in the secondary and the fact that their customers pay for the products, albeit slower in Asia. And third, he states insiders selling. Well, these are not founding members and are part of the company that was bought out. Kolin still owns 5.1 million and Kit still has 5.2 million shares. The real insiders have not sold and they cannot buy stock while in a quiet period. They cannot even defend themselves against the assertions of these short articles and the shorts know that.
The key is

Syntax Brillian: The Future Looks Bleak

BEST BUY now sells OLEVIA on website

www.bestbuybusiness.co...;showAddButton=true&am...

Syntax-Brillian: The Future Looks Crystal Clear

BEST BUY now sell OLEVIA on website

www.bestbuybusiness.co...;showAddButton=true&am...

Syntax-Brillian: Worth a Closer Look

Best Buy now sells BRLC's Olevia

www.bestbuybusiness.co...;showAddButton=true&am...

Syntax Brillian: The Future Looks Bleak

Live In Play


14-Jun-07
10:54 BRLC Syntax-Brillian: Research reveals a huge demand backlog for Olevia TVs and ample production capacity - Brean Murray (5.14 +0.58) -Update-

Brean Murray notes that over the past two days, concerns over Circuit City (CC) phasing out Olevia TVs and Sony's (SNE) plan of selling TVs into Wal-Mart (WMT) have pressured BRLC. However, the firm's research confirmed that CC is not only continuing but also expanding orders for Olevia TVs for the remainder of 2007. Further, though they are unsure of SNE's pricing strategy for its line of TVs for WMT, their latest market comparisons reveal that SNE currently prices its TVs at nearly a 100% premium to similarly equipped Olevia TVs.

Syntax-Brillian: The Future Looks Crystal Clear

Live In Play


14-Jun-07
10:54 BRLC Syntax-Brillian: Research reveals a huge demand backlog for Olevia TVs and ample production capacity - Brean Murray (5.14 +0.58) -Update-

Brean Murray notes that over the past two days, concerns over Circuit City (CC) phasing out Olevia TVs and Sony's (SNE) plan of selling TVs into Wal-Mart (WMT) have pressured BRLC. However, the firm's research confirmed that CC is not only continuing but also expanding orders for Olevia TVs for the remainder of 2007. Further, though they are unsure of SNE's pricing strategy for its line of TVs for WMT, their latest market comparisons reveal that SNE currently prices its TVs at nearly a 100% premium to similarly equipped Olevia TVs.

Syntax-Brillian: Some Shareholders Are Smarter Than Others

Live In Play


14-Jun-07
08:56 BRLC Syntax-Brillian: Would be aggressive buyers on weakness- CIBC (4.56 )

CIBC reits their Outperform and $15 tgt following the significant share pressure in the past few days. The firm says the selloff is likely due to published reports that Olevia will soon be out of Circuit City (CC), while Sony's deal with Wal-Mart will impair Olevia demand. The firm believes both assertions are "way, way off". Firm notes the reports that Olevia was abandoning Circuit City in favor of Best Buy (BBY), although this would be great if true (BBY is larger, more successful), they say their checks at CC & BRLC totally contradict these assertions. Firm believes Monday's pressure was due to another competitor's suggestion that Sony's intent to sell entry-level LCD-TVs at Wal-Mart will likely damage Olevia's competitive position. They believe Sony's cost/markup structure will not compete with Olevia, nor is Wal-Mart a BRLC customer.

Syntax Brillian: The Future Looks Bleak

SEC eliminates grandfathering Naked short sales clause

WASHINGTON -(Dow Jones)- The Securities and Exchange Commission voted Wednesday to abolish longstanding rules that restrict short sales in declining markets and approved another change to tighten rules intended to curb manipulative short sales, including so-called "naked" short sales.

The first change ends decades-long restrictions by the SEC and U.S. markets on selling short as prices are falling. An experiment in lifting the rules for select stocks showed there was little justification for retaining restrictions such as the New York Stock Exchange's "tick" test, SEC Chairman Christopher Cox said.

Elimination of SEC's short-sale price restrictions, and rules barring markets from using a "tick" or "bid" test to control short sales will take effect immediately after the rule change is published in the Federal Register, SEC staffers said.

A second change approved by the SEC modifies Regulation SHO, which the agency adopted in 2004 to curb abusive short sales. The change eliminates a controversial exception to the 2004 rule that shielded existing short positions from requirements to deliver hard-to-borrow shares within 13 days of settlement. Once the change takes effect, short positions previously protected by the grandfather clause must be closed out within 35 days.

Short selling involves sales of borrowed securities, producing profits when prices decline. The practice is legal, but the SEC's Regulation SHO sought to prevent "naked" short sales, in which short sellers don't borrow securities they sell.

SEC officials said delivery failures have declined about 35% overall since Regulation SHO took effect and have fallen about 53% for hard-to-borrow stocks defined as "threshold" securities.

Longstanding, persistent delivery failures seem to be due to the grandfather protections and a shield for short positions held by option market makers, Cox said. He said delivery failures hurt investors and companies, and may be a sign of naked short selling.

"It continues to be a problem, particularly in the microcap space," Cox told reporters after the SEC meeting.

More public data on delivery failures is in the works, as the SEC plans to make Depository Trust Co. data available on the SEC Web site shortly. SEC officials plan to remove certain confidential information from the data feed already supplied by the DTC before posting it online.

The SEC abandoned earlier plans to narrow the exception for option market makers and voted Wednesday to seek comment on eliminating the exception altogether, or adopting alternative approaches.

In addition, the SEC deferred action on a fourth rule that would have tightened short-sales in connection with public offerings, but Cox said it plans to take up the matter shortly, perhaps later this month.

- By Judith Burns, Dow Jones Newswires, 202-862-6692; Judith.Burns@ dowjones.com

(END) Dow Jones Newswires
06-13-071236ET
Copyright (c) 2007 Dow Jones & Company, Inc.

Syntax Brillian: The Future Looks Bleak

Are you people really angry about the Trash writen in Seeking Alpha? (Not rated) 21 minutes ago Come on it's just a game!


Sentiment : Strong Buy
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samuel




Re: Reason is down (Not rated) 38 minutes ago I RETRACT that ARTICLE and reget writing it now!

See, I just had to cover, you understand!
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samuel_sanmina

Don't judge our crooked actions until you know what it's like (Not rated) 13-Jun-07 01:51 pm Being short millions of shares on the day we knew the CIBC conference positive news was coming!

We know how to time Blogs, now don't we just?

PS: We covered and went long


Sentiment : Strong Buy
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samuel_sanmina




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Sentiment : Strong Buy
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samuel_sanmina


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Syntax Brillian: The Future Looks Bleak

I did a Google search on Samuel Sanmina and it appears he only appeared as writer for Alpha a few days ago. He never wrote anything except under another name of sandy Sanmina. This is a scam since the gentlemen named Sandy in Tampa FL also seems to not exist. this is a poster who is trying to make the stock fall more.

Syntax Brillian: The Future Looks Bleak

this is ridiculous. Sandy Sanmina who posts negative stuff on BRLC on Yahoo chat rooms now comments on "Samuel Sanmina's" article. Does someone smell a big rat here? I think this was written to scare thr longs out to give shorts cheap stock to cover at while disguising the buy back. You have to take a profit sometime. Shorting longer term has not paid off in the last 4 years with a few possible exceptions

here's the link to Yahoo, you be the judge (interesting that I could only find responses to Samina)