InvestorsHub Logo
Followers 0
Posts 239
Boards Moderated 0
Alias Born 04/08/2019

Re: ignatiusrielly35 post# 1977

Friday, 03/20/2020 5:07:38 PM

Friday, March 20, 2020 5:07:38 PM

Post# of 2100
The virus has nothing to do with it. The company was in deep trouble far before that. Short selling did happen but it didn't drive the company to the ground. Management did. The company would have survived if Horvath didn't outrageously burn an obscene amount of cash on a model that didn't even prove itself. The man was incinerating cash so stupidly on foolish acquisations and non sense deals. Gross, gross, gross mismanagement.