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EverydayInvestor (< 20)

September 2008

Recs

15

Cytocore: The Perils of Believing Management's Optimistic Predictions

September 24, 2008 – Comments (6)

It is always nice to be right. It is even better when I am right after being heckled and threatened by fans of a junky little penny stock. I first criticized Cytocore (OTC BB: CYOE) last autumn for making inadequate disclosures of a reverse share split (I should note that the company did apparently fulfill its legal duty to report the split in its 10k, but for four monthsI could find no information on the true number of shares outstanding on the company's website or on EDGAR).  [more]

Recs

32

I'm #1

September 09, 2008 – Comments (55)

I am currently #1 in CAPS! Yay!  [more]

Recs

14

Silver State Bancorp is Dead; The Easiest Way to Blow up a Bank

September 06, 2008 – Comments (7) | RELATED TICKERS: DSL.DL2 , FED

Silver State Bancorp (SSBX) joined the list of failed banks yesterday after the FDIC took it over. I have been short this company for the last three months as the stock has plunged from above $2 to $0.50. The stock will likely plunge to a few cents per share over the next couple days.  [more]

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