Mission Statement - De-Spinning the Pro-Taser Propaganda

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

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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.

Saturday, December 11, 2010

Taser International plays with the world's stupidest investors

Taser International's shares rose as much as $0.74 per share based on the news (released all at once) that they'd, ah, sold some tasers.
The company said the first order received was from a U.S. federal agency to provide 692 of its X26 electronic control devices with 1384 cartridges. The other orders were from four "international customers" and included 3,110 M26; 712 X26 with cameras, and enough cartridges to electro-torture 65,000 citizens. [LINK]
I would have expected that this would be just another week or two's worth of business for a company with a market cap of between $250M and $300M.

The market cap rose about ten times the retail value of the combined sales. Perhaps the idiot investors figured that there's be a similar announcement every day for the rest of the decade.


I notice that the sales of the older M26 continue. Perhaps it's because some overseas clients realize that it might actually be safer with respect to cardiac effects.

Weird...

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The share price has since retreated by about half the inexplicable increase (I guess once the sheeple were all fleeced).


Disclaimer - I have zero financial interest in this.

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