hi nodummy - while I can't argue what is posted concerning WLOC - I can say this - This poster showed up with VARIANT REVIEW Research blog and research -
Be aware, that Variant Research is brand new and it appears that WLOC is the only one one their site - This new site has a copyright of 2011. So, yes, definitely brand spanking new.
Also beware that Sykes and his newsletter sent out a note in December to short WLOC - and it didn't work - instead the stock continued to go up. So, BAM!!! Here's the newly formed Variant Review - Maybe a coincidence - but I don't believe in coincidences.
Also beware that Variant Research also states that they are short in this stock.: This is their statement: "Additional disclosure: The author of this article and/or his affiliates have a short position in the securities mentioned in this article at the time of publication. The author and/or his affiliates may change their position at any time without disclosure."
So while many of those things might be questionable - Sykes and Variant Review's actions are also questionable.
For the most part, I haven't seen toooooo many shorters who have YOUR $$$/investment in mind.
Meanwhile - WLOC - This is a small company - But I can say this - I work for a company that has Officers and Board members that also serve on many many different boards - and yes, they, too, are raking in the bug bucks doing it...And many of the companies are related one way or another. And I work for a huge, legal corporation.
JMHO
Meanwhile - will I and others make $ on WLOC? I can't talk for anyone else - I can only say I have made some excellent $ on it. But that's before the shorters came. Now I don't know - But I also know it can only go up for so long w/o some big bucks starting to come in and contribute to the bottom line. So, that part of the story cannot be argued with.
Thanks for your time.
Take care all - Good luck on all your investments.
Ginny
