Mission Statement - De-Spinning the Pro-Taser Propaganda

Yeah right, 'Excited Delirium' my ass...

-------------------------------------------------------------------------

The primary purpose of this blog is to provide an outlet for my observations and analysis about tasers, taser "associated" deaths, and the behaviour exhibited by the management, employees and minions of Taser International. In general, everything is linked back to external sources, often via previous posts on the same topic, so that readers can fact-check to their heart's content. This blog was started in late-2007 when Canadians were enraged by the taser death of Robert Dziekanski and four others in a short three month period. The cocky attitude exhibited by the Taser International spokespuppet, and his preposterous proposal that Mr. Dziekanski coincidentally died of "excited delirium" at the time of his taser-death, led me to choose the blog name I did and provides my motivation. I have zero financial ties to this issue.

Friday, April 25, 2008

Prediction...

News - Taser CEO Smith invited investors to attend Taser’s annual shareholder meeting on May 28 at the company’s headquarters in Scottsdale, AZ.

After today's -20% stock tank, I predict that someone is going to get tasered (that would be fun to see). So maybe I'll buy a share and attend... incognito. These days you can't even get into a movie for eight bucks.

The stock ended the day at $7.53, down $1.89 (-20.06%). The market cap is now just $476 million. The volume was about 16 million shares traded, about ten times the normal volume. It's telling that 25% of the total shares (16M/63M) were traded on one day. In other words, one-quarter of the total ownership fled.


"...we’ll start to open the kimono a little bit at our annual shareholder meeting," said Smith.

Oh marvelous. I trust that someone else will bring tweezers and a magnifying glass to assist with the examination of the corporate 'treasures'.

No comments: