On Andrew Left's blog, he points to a 100+ page FTC complaint from customers of Cbeyond. Maybe he isn't familiar with telecom, because most carriers have numerous complaints at the FCC. LNP (porting numbers) is a growing concern which the FCC addressed "Simple Ports" in May. If he thinks, CBEY has a thick file maybe he should check out the consumer complaints against wireless companies on LNP, fees, and contracts.
Left also alleges that CBEY is under a law enforcement investigation. Then he makes a comment about how this should be in an 8-k filing. Pay attention Andrew. It may have something to do with the alleged insider trading that the SEC is looking into.
All that noise and then pounds on the stock for being over-valued. Nice.
Is Cbeyond in Trouble?
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