Meet Group Inc (MEET)

[Innpact]

Well, in a word. Shorts.

As soon as the news hit the Yahoo message board yesterday went nuts with Shorts trying to knock the stock down. They got downright crude to the point of making personal nasty comments about the management of myYearbook. These people are friends of mine and it got so bad yesterday I had to say goodbye to that board. The shorts are downright wicked on this stock. My thought is though that the company is building a great forward thinking plan. They are showing where revenues are and will be coming from. A positive adjusted EBITDA. Double EPS. The news will push these guys out over the next month. This is certainly a long play, but the in between waves are due to the ability of these shorts to push the stock around in the near term.