IT doesn't take a genius to figure out what resides on Ihub.
Scams, shams, fakes and fraud, pump and dumps and of course the ever elusive 'real' company that should not be trading public yet they feel the should be.
Any company worth anything that wants to truly trade to raise money to grow is going to put together a solid business plan, backed by a long standing accountant(s) who put together solid financials for all to witness.
Sirius radio is losing money, but IS a valid company. They have many subscribers and a real product. Their overhead is about complete and with xm out of the way, the decision is clear who to pick (as there is only one!). This will only raise profits (or at least hopefully cause them to break even!).
Yet they are slammed day in and day out as a non company that will no longer be. Sub $1 soon some say.
Come on. Do you really need to look at the differences between a company like this one and a real company?
How many people have to lose money on Ihub before people stop realizing the risks in what this site has become know for?
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