stock ticker: RSTG

“Wall Street people learn nothing and forget everything” Benjamin Graham

It is the opinion of Stocklemon that Raser Technology is the most overvalued security we have ever covered.

How many times have we seen a company on the OTCBB claim they have a breakthrough technology and the stock races higher? How often are these companies run by individuals who have histories of failed public companies? Every week? Every day? How often does one of these “dream stories” turn into a viable business? . Stocklemon can not think of one. Amazing how investors never learn their lesson and forget all the bulletin board market has taught us over the years.

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stock ticker: MIX

“If you want to inspire confidence, give plenty of statistics. It does not matter that they should be accurate, or even intelligible, as long as there is enough of them. ” Lewis Carroll

Intermix reported their quarterly numbers and annual results yesterday, inundating shareholders with a slew of meaningless statistics of page views and website hits. Looking past the jungle of non-revenue producing statistics (an old pattern for Intermix as documented in part 2) Stocklemon wants to know, “How much money did you make, how did you earn that money, and is it sustainable ?”

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stock ticker: MIX

Stocklemon reports on Intermix Media (AMEX:MIX) Part II

One of the most amazing phenomena of recent celebrity is Paris Hilton. With little talent and no sustainability of a career, Paris gathers many more headlines than she does paychecks. Stocklemon believes that Intermix Media is the Paris Hilton of the internet. They might get some headlines, and teenagers might like it, but we doubt any sustainability of business and its 15 minutes is ticking fast.

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