NetList Inc (NLST)

[AllinFun]

Might have a little to do with shorties trying to apply some pressure on what is seemingly a bad earnings report. Everyone knows the memory industry has taken a hit across the board. NLST still did very well in terms of revenue and profit outside of the additional legal costs. They also maintained a very healthy cash position which is what most were concerned about in this earnings report. I think the shorts are using this as a little bit of a fear tactic to try and get the price rolling down some on some added pressure. We will see, but we know there is a lot to cover out there still and they have been getting pummeled here for the last 2 months or so. Digging a deeper hole is all their doing. And another thing people do not keep in mind - these big firms that short companies like NLST only pay attention to financials - they do not have the resources to keep up with all of the legal proceedings in every company on the market they touch, which could really make this blow in the coming 3 months. This is why they are so willing to short NLST at the moment.