P10 Industries Inc. (PX)

[bob4uall]

I'm thinking of the quarterly report as "Delayed" at this point, since PIOE missed their old ACPW habit of a second-quarter report by the last Tuesday in July.

What does this mean?

Report due or not, there is no major news to announce or PIOE would announce it. But a report on the second quarter may be delayed because they don't want to come out and say basically nothing at this time when they could wait a few weeks, if that is what is needed, to announce big news.

So a delayed report might actually mean something is brewing.

The share price is a pretty solid half dollar or so. It is not rising on speculation of good news, and it is not falling on fears of bad news or no progress.

In fact, it is so steady that I suspect that the bigger-money players here are able to step in to buy stock at around 50 cents when demand falls and maybe even sell stock at around 50 cents when demand rises. Those big-money people may not want to see the share price move until the deal is done. It may be important to them that their investment stay within a certain value range to protect, and not let some panic-selling whacko move the price to 20 cents during a very slow day.

So, this shapes up to be good news for now, in my mind. A deal announcement seems more likely than not in the short term, with some share price protection possibly going on. If the deal does break down, though, the price just might collapse before the news comes out. But what investment's price doesn't do that if it is about to fail?