Beware: Marblehead's summary of the Intelligent Investor's latest Infigen report (a couple of posts above) is like a competent politician's speech - nothing in it is untrue but by leaving out everything which is inconvenient to his case, he manages to present a very misleadng, perhaps I should say grossly misleading, picture.
I do not propose to provide detailed corrections (a) because I don't think that it is fair or honest to repeat proprietary, subscription-only research in a public forum, whether paraphrased to avoid copyright or quoted verbatim, and (b) because I have no special interest in this stock and other things to do today.
(Disclosure: I bought some a while back when it dipped close to 20 cents, took my profits some time ago at around 30c. No current plans to buy back in but I wish Marblehead well with his drive-the-price-down campaign: if he can get it down to 20c again, I'll happily jump on board for the same again.)
IFN Price at posting:
26.0¢ Sentiment: None Disclosure: Not Held
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