Is ZAGG on the Up-and-Up? - DailyFinance

Is ZAGG on the Up-and-Up? - DailyFinance: "There doesn't appear to be a shortage of naysayers when it comes to gadgetry accessories specialist ZAGG (NAS: ZAGG) .

The company behind the patented invisibleSHIELD protective screen coverings for smartphones and tablets was the target of a Citron bearish report this past summer.

"Management's track record is laced with blatant self-dealing, execution failures, and disclosure omissions," conclude the often astute worrywarts at Citron.

The skepticism hasn't diminished over the months that have followed.

There were a whopping 8.3 million shares sold short as of mid-January, and that's a huge number when you consider that there are just 29.6 million shares outstanding.

ZAGG's history of flops outside of the invisibleSHIELD cash cow, accounting hiccups, and cash flow woes has made the accessories provider an easy target for the critics. I awakened one of the more vocal ZAGG worrywarts when I singled out the stock as one of five stocks under $10 worth buying on Monday."

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