Finjan Holdings Inc (FNJN)

[lbcb123]

You just don't get it. The revenue was old news. The clueless keep buying on known news and everybody else dumps. The 10-Q was actually horrible and that is why it is dropping as the savvy digest the fine print.

They STILL can't break out any revenue for Finjan Mobile. CybeRisk has shut down, but they aren't honest enough to admit that yet. Did you notice their rental income? They have started to wind down operations and are subleasing space. Their employee count has decreased.

You can't look at the one-off hype numbers. The future is bleak with no recurring revenue. Then the PR this morning pretty much told you they are planning to dilute again.

I feel sorry for the naive and gullible that get taken EVERY time earnings is released here. I feel like a broken record telling you EVERY time that known news does not make for sustainable gains.

Wise up. Finjan will buy share today trying hard not to let it show a loss, but all the savvy investors are dumping.