I called Dealreporter today and talked to Moshe. He claimed that it was not their fault that someone picked a "line" from their complete report and used it for whatever purpose. He claimed that they are not responsible if the market treated the "line" as a negative and the stock dropped. I requested that they could do themselves a favor from a pr standpoint and find a way to get a clarification of what their report actually said. He said he would talk to his partners about it.
He claimed that it is the fault of those that "twitter" and not their fault when they use words from their reports to try and get the results they want and that they are not responsible.
I disagreed with him and told him that I would not be surprised if they were investigated by either the DOJ or the SEC or both. He asked me what I thought the company was worth and I told him $120 and he laughed. He said based on what? I told him about Ocean Tomo and their CEO's opinion and about Misek from Jeffrey's. He said well then what are you worried about with the price being at $50 ? I told him that was NOT the point and he knew it.
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