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Originally Posted by PR_Glen
based on what though? he didn't say why it was going up, there was nothing to go on including stock history so it remained a shot in the dark.
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Based on fact, which i wrote here, that both companies are going to grow over 50 percent year their net earnings in 2012.
Some more interesting thing about SPIN.OB, main stock of this thread:
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Originally Posted by teomaxxx
CEO recently refused to take 1 milion shares (around 5 percent of ownership of whole company) in stock compensation he rightfuly earned and instead converted his 1 milion loan into the company shares with a price close to the 104 week high. Yeah, and he almost work for peanuts despite being main founder...thats a real class. Participating only if the upside is good....His job is to sell his 20 percent ownership sometimes for big bucks, not pennies.
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Did anyone see ever something similar on WallStreet?
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Originally Posted by PR_Glen
....but if you make your investment decisions based on what your buddies or on some guys word and skip the research part? You get what you deserve.
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I completely agree.