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goldminingXpert (28.82)

Rosetta... the rats are fleeing now



July 26, 2010 – Comments (8) | RELATED TICKERS: RST

Rosetta Stone shares tumble as another exec leaves

Shares of Rosetta Stone tumble as company says COO leaving, revenue forecast falls short

"NEW YORK (AP) -- Shares of Rosetta Stone Inc. tumbled Friday a day after the language software company said its COO was leaving, the second departure of a key executive just before the release of a major new product.

The company also released preliminary second-quarter results, with earnings per share beating analyst estimates but revenue falling short of expectations because of weakness in the U.S. consumer market.


REMEMBER: The software just isn't very good and the company is way overvalued. They buy their sales and things are going south fast. My 6th red-thumb will begin soon.

8 Comments – Post Your Own

#1) On July 26, 2010 at 2:20 PM, TMFBabo (100.00) wrote:

I'm trying to pass you up in ended picks.  Stop closing picks!

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#2) On July 26, 2010 at 3:57 PM, goldminingXpert (28.82) wrote:

¡Lo siento! ;) It's hard to stop closing picks when you can get so many red thumbs off each company. I just launched number 6 on RST just now.

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#3) On August 10, 2010 at 7:01 PM, GrowthnValue (< 20) wrote:

What are your thoughts on JAG now?

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#4) On August 11, 2010 at 9:48 AM, goldminingXpert (28.82) wrote:

Management has failed us several quarters in a row now and as such, trusting it completely is no longer a good idea.

JAG is still a whole lot better than RST though.  

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#5) On August 11, 2010 at 2:06 PM, FalconBoston (99.33) wrote:

What price would you be buying JAG?

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#6) On August 18, 2010 at 1:30 AM, goldminingXpert (28.82) wrote:

Much lower than here for JAG. Only because I'm not looking to buy gold mining firms at the moment, so I'd have to be getting a steal. Gold mining is not a sector I like at the moment.

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#7) On September 10, 2010 at 11:22 PM, TMFBabo (100.00) wrote:

I've noticed you've started green thumbing some companies.  Care to share some of the thought process?

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#8) On September 23, 2010 at 5:52 PM, goldminingXpert (28.82) wrote:

I think the market is going nowhere for the forseeable future (instead of down) and thus it is a decent environment to try to selectively pick green thumbs (i.e. look at other top fools picks since I can't successfully hit an outperforming stock with a dart in the middle of even a bull market ;) )

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