Sunterra Corp.

[coinstarz]

According to Yahoo, SNRR book value is 9.79+/-. Inst owns 105% of OS. Short covering is main reason to sustain the price. Also, the bid and ask spread is wide. SNRR has higher debt and negative earning. It went BK and came back with wall street money and get delisted again. They have 3 months to file Q report and comply with NASDAQ/SEC rules but they choose not to do so, why? I believe there would be criminal charge against former CEO/CFO/COO. Remember Enron? The book is cooked.

Class action lawsuit is in process. I called a class-action lawyer pretending I'm a shareholder. They send me a form to fill out.

Upside Risk: 11

Downside Reward: 6

It colud open up a few cents and then collapses. No one would buy a company with cooked book and SEC investigation. Timeshare business is a tough business and hard to make money in recent years.