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goldminingXpert (29.47)

Wow, shocker!

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November 11, 2010 – Comments (13) | RELATED TICKERS: RST

Rosetta Stone reports 3Q net loss, drop in revenue

ARLINGTON, Va. (AP) -- Rosetta Stone Inc., which makes software for learning new languages, said Wednesday that its third-quarter earnings dwindled to a loss as its revenue fell.

The company reported a net loss of $400,000, or 2 cents per share, compared with net income of $5.3 million, or 25 cents per share, a year earlier.

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Don't be the last sucker holding this bag.

13 Comments – Post Your Own

#1) On November 11, 2010 at 11:49 AM, TMFJake (77.83) wrote:

Il est compliqué mon ami.

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#2) On November 11, 2010 at 12:08 PM, kdakota630 (29.58) wrote:

I love how much you dislike Rosetta Stone.

I do appreciate you bringing them to my attention though, not just as an investment but as a product.  I was under the impression it was a quality product until doing some research after you called them out.  

My gifted 5-year-old son recently told me he wants to learn 5 additional languages (French, German, Spanish, Italian and Mandarin Chinese) and had it not been for you I may have purchaed one of their products.

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#3) On November 11, 2010 at 12:39 PM, dbjella (< 20) wrote:

How is your book coming along?

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#4) On November 11, 2010 at 12:53 PM, cthomas1017 (86.57) wrote:

Dang it?  I should've subscribed to your newsletter and I would've gone short last week.

So, now that RST & GGP have fallen on their swords and it's plainly obvious their kings are without garments, what's the next obvious one to fall, swami?

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#5) On November 11, 2010 at 1:47 PM, throwerw (29.36) wrote:

it's way too easy to download their software for free

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#6) On November 11, 2010 at 2:18 PM, russiangambit (29.25) wrote:

Buying Rosetta stone is like buying a GMAT course hoping to pass GMAT test,They do help will help but 99% comes from your own effort anyway. The way they advertise it sounds like you don't need to do anything and I have a problem with that. And this is a very discretionary purchase.

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#7) On November 11, 2010 at 3:55 PM, rfaramir (29.34) wrote:

So, kdakota630, what product(s) did you purchase for your son?

(Short RST on CAPS, no position in real life.) 

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#8) On November 11, 2010 at 4:04 PM, kdakota630 (29.58) wrote:

rfaramir

I'm still looking into different options.  For Christmas I'm probably picking him up some book/DVD sets for French and Chinese that I found on Amazon for about $22.99 each to see how he does with them, and have e-mailed the principal at a Chinese school in town about enrolling him there in January, but haven't heard back.

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#9) On November 11, 2010 at 5:13 PM, MichaelMolenaar (< 20) wrote:

what throwerw said, it's too easy to download for free. Everyone under 20 downloads anything that comes in digital format. Any business model that involves software or music or anything that can be duplicated for no cost has a fail business model.

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#10) On November 11, 2010 at 7:01 PM, starbucks4ever (97.41) wrote:

Hi GMX,

Do you still have any sense of conviction as you work on your book or did you find yourself doubting your main thesis?

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#11) On November 15, 2010 at 2:13 PM, goldminingXpert (29.47) wrote:

I'm taking 24 credits them semester and working 30 hours a week. No time for anything else. I'll be back in the Spring.

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#12) On December 29, 2010 at 2:56 AM, checklist34 (99.71) wrote:

i was outside of the nyse the day that rosetta went public, lol!

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#13) On December 29, 2010 at 2:58 AM, checklist34 (99.71) wrote:

witness, flopflation!  my late dec 2010 post about the presumably ongoing battle between deflation and inflation or, rather, market views on the likelihood of one or the other winning. 

dime

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