SinnerSchrader: good & bad news......

Today SZZ announce they will sell or JV their Next Audience platform. That's bad in that it promised much in terms of big data opportunities. But it's good in that it was loss making and with no profit pencilled in we should see upgrades on the elimination of losses. Interesting that management appear to have lost patience with the losses. This is clearly a dent to management credibility so for now I think SZZ shares are are dead money.