Replies to post #4722 on Synacor, Inc. (SYNC)

[HadMint1]

You have to put yourself in Lebed's shoes and keep track of his cash. How do you do this? Well, nothing is set in stone so you have to go by the clues. At one point NIA had over 700k shares of SYNC. Additionally, he pumped BVSN on 6/14 and there was a massive short cover the next day. Was it NIA covering, who knows? But if it was, that means NIA has more ammo that we can even imagine. I'm guessing NIA has the cash to buy a million shares of SYNC and they could very well do that over the next four days coming into earnings. Furthermore, if this thing tanks now NIA/Lebed will lose most of its followers; why scrape brokerage accounts now when you can do it on a grander scale later and on different securities in the future. He would be screwing himself if he was out of the game now.

[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.