re: adultshop.com - warning
That's a tough call Stocko, 80%-90% of small companies are cons? I think it is actually a minority but they are always the ones who get the front page. You never hear about the ones who have sacrificed realistic salaries, work very long hours, and put up with a lot of crap you and I would walk away from. 80% of the companies on the stockmarket you never hear about, so it's quite a statement on your behalf.
There's no doubt ASC management stinks, but it's hard to feel more than a little bit of sorrow for investors who bought into a company in the porn industry with the expectation of diligence. Honesty and porn industry are mutually exclusive words.
Saying all that, I'm sure ASC will provide the savvy trader with opportunities galore, as the number of posts here today simply shows how over-profiled this very ordinary company is.
Cheers
ASC Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held