Wednesday, September 10, 2008

Drop in Raser Tech Vindicates 10Q Detective

"Raser Technologies (RZ-$6.18) reaffirmed its business strategy and expressed continued confidence in its near and long-term business outlook." The comments were in response to the unusually heavy trading volume and 12 percent drop in the share price.
Against a backdrop of 'boos' from the bullish corridor, I have warned investors to stay clear of RZ for almost three years running.

“Truth is generally the best vindication against slander.” ~ Abraham Lincoln
Original new stories can also be found at BNET Energy & BNET Insight: 10-Q Detective
The 10Q Detective is closing its active research on Raser Technologies effective today.
Editor David J. Phillips does not hold a financial interest in RZ. The 10Q Detective has a Full Disclosure Policy.

No comments: