03-24-2015, 06:31 AM
I'm not exactly sure how badly this company has messed up. After all, the Muddy Waters allegations have been proven wrong and I haven't seen an instance yet where short attacks on small cap stocks like this have been thwarted. The reverse merger is something else again but no one appears to know how that will end up. Meanwhile the business seems to continue to build.
What is the investment thesis for those promoting privatization? Are we talking quick short term gain (aka flipping) of something more substantive?
What is the investment thesis for those promoting privatization? Are we talking quick short term gain (aka flipping) of something more substantive?