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An eServices company that provides eCommerce technology, training and a variety of web-based technologies and resources to small businesses and entrepreneurs.
Deceptive Sales Practices. Competition from Windows Office Live. Investigations from numerous state attorney generals, including Illinois and Texas.This stock stinks, and I do not believe they have a competitive moat.
And now I hear what the real problem is:Naked Short selling! That must be it. It's not the deceptive sales practices, or the rampant trademark infringment. It couldn't be the useless tools this company is peddling to unsuspecting buyers hoping to expand to the online marketplace! No, none of that!I wish CEOs would spend more of their time running their companies rather than complaining about the emerging, unprovable short-selling conspiracy! I always allude it to the Wizard of Oz. "Pay no attention to the man behind the curtain!" Its simply misdirection. This company has several real problems. I don't believe Naked Short Selling plays a role in any of them.
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