Exactly. You could have chosen any of 100 different instances in which EP claims Form 10 will happen soon, but it doesn't ever happen. The changes in the DVD market hurt, but EP had choices to make about how much he lied to cover up the problems and about how much he lied to lure in investors.
Shoot, I was looking at a profit on HHSE, but I didn't take it. What was I thinking?
In these final days and weeks before filing, we expect to see enhanced “chat-board basher” pressures as they frantically struggle to fling mud in a desperate effort to cover their short-sell positions. These HHSE naysayers only have a few trading days left before the buying demand from new shareholders is expected to overwhelm their stock-boxing strategies. With a bit of luck, it’s quite possible that a short-squeeze could deliver the karmic ending that these bashers deserve.
Nice blast from the past proving the naysayers are always right when it comes to the buffoon CEO.