righty that is actually quite funny.
I am wondering why you refuse to blame the company for putting themselves in such a horrible position.
Naked shorting is blamed on each and every penny stock that goes down. It's the number one excuse used for poor management. And it is normally started by people who are paid to say good things about those companies.
Shorts don't defeat good companies, good companies defeat shorts.
Assuming what you say is true, why would you even consider investing here? You have a company in financial difficulties, have been for years. You have a ballooning O/S count. You have continual losses that aren't improving much. You have centers closing. You have multiple lawsuits filed against them. And to top that off you say such a crappy company is prime target for naked shorters.
How on earth could anybody make any money here? No matter what this company puts out in PR's the pric still bleeds down. It's like a money vaccuum.
Your arguement is just another example of why one should steer clear of financial train wrecks in penny land. Because thsoe companies attract fraud at every level don't they?
If it isn't naked shorters it's toxic funders. If it isn't toxic funders it's financial train wreck companies.
Just a vicious circle of negatives without much of a prayer to make money.
ERUC has diluted to over 2 billion shares. Did that one all on their own. That has pushed down the PPS to record lows in record time. Now toss in some naked shorters and what looks like a potential toxic funding deal on the horizon.
My God, if what you are saying is true then people have almost no chance to make anything here do they?
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