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[Rawnoc]

SPIN 1.74...

10 bagger   Monday, November 14, 2011 4:54:03 PM
Re: Rawnoc post# 943 Post # of 2264 

SPIN..$0.83.. It appears that anyone that sold SPIN today was a complete idiot according to one poster on the SPIN board.. As I sold my entire position today time will tell if I just had a laspe of memory or if what I have and others have found from DD is a reason not to own SPIN any longer..

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68977133

My reason for selling was simple,, Shares continued to be traded as before below the actual offers on the electronic system and today's action seem to be more like a distribution of shares rather than acknowledgement of the earnings report.. Not a P&D by any standard but a continued selling into any bid presented causes me enough concern to move on.. I will continue to Mod. the SPIN board as I do believe that the SPIN model will work over time but still has much tweaking needed to work..

Also it has been troubling that earnings W/O having to pay salaries for services of some management needs a further discount in the PE ratio given SPIN by some.... hank