SFCC

This is a quote from a comment below:

"Your right the stock is worth alot more than the current price. But how about doing your homework, before making snap judgements that "This is a very shady organization". Go to the SFBC website and read the independent counsels response to the sensational "newsarticles" put out by Bloomberg. SFBC was the victim of some tabloid journalism and a third world hedgefund that timed options and shorting of the stock. The "shady" part of the story are the perpetrators of this hatchet job."


Granted what I said was maybe not the most P.C. thing in the world, and if I had more time to write maybe I should have explained the situation a little better. The company has problems. Now maybe not all of the hatchet jobs are true, but I would be willing to guess that some of them are. I don't know if any of you have listened to the conference call the company held a few weeks back but it is by far one of the most entertaining Q&A sessions imaginable. Daniel Loeb, completely trashes the company, and so do many others. That call drove the stock into the ground that day. It was a short term buying opportunity. That is now gone. There is no more edge to be played in the stock. From here on out you need to know that this company really didn't "threaten to deport imigrants for reporting side effects". I dont know that. I don't know about any of the other accusations. The easy money haas been made, or is almost completely made. From here on out there is an increased amount of risk. Although I do have to maintain the potential reward may slightly outweigh risk right here. Also one more thing of note, look at the insider buying there, may be a pretty good indication.