Jig-Saw claims to be a cutting-edge tech company that is involved in every fashionable investment theme of the past two years. Its span is unbelievable! Since its IPO exactly a year ago, the company has released more than 60 vague press releases stuffed with top industry buzzwords. The stock is up 1,500% since the IPO!
But, the company’s financial statements tell a different story. In reality, Jig-Saw is a small server monitoring and maintenance company. It makes close to zero investment in capex, R&D, and staff to carry out their hyped initiatives and tie ups. And, importantly, most of Jigsaw’s insiders are dumping the stock! What do they know that ordinary investors don’t?
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