Speed Commerce Inc (SPDC)

[keekee]

Just to reply some private messages, I am long here and added 29k today. But you just have to wonder whether anyone is actually in charge here management-wise. First, the stock slides and slides and slides from $2.80 without a single word from the company. Then they come out from nowhere and sell shares at what was an unthinkable low. Then, the stock has been pummeled to drop another 60 percent since the share sale. Nothing. And the make it even worse, someone who was the president of the company jumps in and is massively dumping his shares and filing SEC forms. Nothing from mgmt. It makes you feel that what you read from management first in the CC after the last qtr report and eve after the share sale may be doubtful. Unless, you are the CEO or an insider, you must question the kind of drama that is happening here. The funny thing with all the sales is that short interest has remained virtually unchanged and major holders have not reported any change to their holdings. SO, who is playing on this stock and why is everyone complacent about it? At the end of the day, I am long and will see the end.