They the buyers do their own research when they read the speculators short reports. The Speculator is a stock analyst with an excellent track record for picking small cap stocks and making a profit for his readers.
Obviously not everyone has the mind set or head to trawl through detailed reports that a company may produce, so they rely on a stock analyst like the speculator to do the work for them.
With around 38 years experience, who could argue with his stock picks. He obviously sees something in this company?
I have not purchased today, but I will wait for the hype to die down a bit and then jump in I am thinking.
Good luck all.
PTS Price at posting:
17.0¢ Sentiment: None Disclosure: Held