04-11-2019, 11:06 PM
(04-11-2019, 10:53 PM)Mrebs Wrote: SHU,
I do find it a little sketchy that you told us here yesterday that you just reduced your position and the very next day get a bearish article published by SA. That article would have taken approximately a week to write and get approved by them for release.
But I wrote parts of that article here already before on the forum, in fact you could almost see my doubts emerge in real-time, much of them prompted by that oil & gas investor article. I wrote the SA article yesterday morning, submitted it by 14h and it really doesn't take a week to write. I only wrote it because I have 11,000 followers on SA and many would not have been aware of my somewhat changing of my opinion here as they don't read this forum or are not even aware that it exists.
I'm also not sure the SA article is that bearish. I still have half my position, I still believe they're going to grow revenues.
But I can't ignore that whatever evidence is out there on their backlog, the weight of that evidence says that it's very likely to be inflated. I can't close my eyes to that and feel a responsibility to tell people because they might have gotten into the stock because of my earlier articles.

