Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I am grateful to the great Waseem Shakoor who has made me realise just how much of a darling of the Bulletin Boards MySquar (MYSQ) has become. The posts are legion, the idiotic hatred of myself ( he always gets it wrong) of Waseem, the casual homophobia is all there. That makes me more convinced that ever that with its crackers valuation and misleading statements this is set to crater. Earlier I addressed that matter of insane valuations and casual use of language to hide the truth but there is a secondary, and more devastating issue.
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