Synacor, Inc. (SYNC)

[turbosig]

Jon's a young guy and he's got a big ego...

Now, that is true! Personally I could care less, I hate the stress of holding anything over night that isn't free, but back to the point.

If NIA hadn't touted their $20 figure, I'd completely buy into the NIA/Lebed sell out although I've learned a good lesson over the years and that is a good company usually appreciates over time (regardless of the short term).

Most of Lebed's stocks have done well over time, some have even taken 2 years to materialize, but they do. SYNC of course was a "Speculative 1 rating".

May 2nd, 2012:
Synacor Inc (SYNC)
Current Price: $8.84
Speculative Rating: 1 (highest level of confidence)

SYNC, in my opinion, is by far the biggest cloud computing opportunity that exists in the world today! SYNC's revenues grew last year by 38% to $91 million with 2012 revenues projected to grow by another 38% to $126 million! Perhaps SYNC's forecast is conservative because they recently reported that 1Q 2012 revenues were up 64% from one year ago!

Everything else aside, both Lebed AND NIA are supporters of that now infamous $20 figure, so until it hits $20, I don't see them out of the game - if only for saving face. They may not even hold any shares, come up with an excuse, it's irrelevant, I think they will stick with this until $20 at least.

I just wish we could get back to the fundamentals game, but unfortunately, the banks are to blame as well in that arena.