I have watched Surfstitch with great interest since it was listed and with all the hype and leading articles from all these so called experts such as:
Aussie Boys Done Good: SurfStitch Now Worth $500M, Bigger Than Billabong
Billabong's online rival Surfstitch rides a wave of success
....I really wonder if these so called experts are just uneducated journalists with an online diploma in stock trading.
Trust me I know the markets are always a gamble but I sometimes wonder if these so called experts are also playing around with our Super as we have little control of how this is managed?
To all the share holders who have invested in Surfstitch I feel for you as the old saying goes "Do you own research" but with such glowing reports such as the above headlines, like you I thought Surfstitch was a sure bet.
I am sure a few heads in Surfstitch will role through the mismanagement of the company but this does not help the small investors out there.
SRF Price at posting:
10.5¢ Sentiment: None Disclosure: Not Held