Sharing Knowledge in Smallcaps

[streetshooter]

KP:

Good question on tomorrows action. I read the SEC documents, and there is a lot more then i anticipated. If i have to guess, lower.

Next question: Who,s next? Seems like we are going into a trend with the SEC beginning to examine companies financials statements more closely. Expect more to follow.

First time i have a seen a SEC probe demanding all records of former employee,s....and minutes from BOD meetings concerning goodwill, adjustments of accounts receivable, commissions and bonuses paid out to sales reps.ect ect.

Dont have clue on what i going here, i will have to wait and see what develops. Almost seems like a whistle blower situation, i know they canned some reps for booking illegal commissions, how that ties into the probe, is anyones guess.

Will purchase some PUT options in the morn to hedge against any big sell-off. And will hold until i get a better feel for what is going here. One thing not to do is, panic.

One thing to do is: make money off confusion and panic.

If it gets hit hard in the morning, will buy, and flip later on a rebound. If nothing comes out of this, will sell PUTS for a small lose, but will recover on share price.

If all hell breaks lose..got it covered on the PUTS.

Good Luck,

Shooter