i am EPGL long.
so i guess that would place me at the pumper end of the spectrum, but i honestly try not to pump. i guess i could pick up some shares by fear mongering, but i try not to do that either. i had a large buy order in yesterday in the 5's that was partially filled. as a matter of fact, i think i was one of the last to get any 5's cuz right after the partial fill, it went to 6+.
full disclosure cuz of the bias in what i'm about to say.
i get that the announcement might have been underwhelming-to-disappointing to folks.
we all read/knew that there was A very large Nasdaq company in play, so all the release did was tell us THE very large Nasdaq company in play.
and back up on sec reporting.
no specifics.
got it.
But i think some of the stuff that is being written in this forum isn't completely fair or appreciative of the efforts made by the folks at EPGL.
I know first hand that getting contracts or contract amendments through entities that have large legal departments can be much slower than the lines of business would like. i get that this is an agreement so maybe it could be simpler/faster. But can you imagine the complexity and the inertia (and possibly the bureaucracy) of getting an agreement through Intel legal? How many different fronts are being pursued. Left hand not knowing right hand's efforts. How about making sure there is no conflict or overlap with the COO agreement. My experience has been that more often than not, final signatures come right down to the wire. Like working on Easter Sunday for something that needs to go live on the following Monday. or New Year's Day for official start on 1/2. Not anybody's first choice, but it happens.
And it is exhausting. I don't know the sizes of the EPGL departments, but i can imagine that they might not have had the resources to work on the agreement(s) and SEC reporting. if they were stretched that thin, then when Intel comes knocking, you'd probably attend to Intel.
Then there are complaints about being notified at 2AM. Really? Do you figure anyone wants to be at the office at 2AM? My (ever-increasing) gut says that before the agreement signature ink was dry, the investor relations folks wanted to get something out specifically for forums like this. For their shareholders that they knew were on pins and needles. And their courtesy is met with the crap that gets spewed by some on this board. Every Oprah-watching, wishy washy, politically correct HR department or communications department or therapist or whatever stresses the significant role of communicating to stakeholders. you cant get away from it in modern-day america. so EPGL lets us know at 2AM and that's a bad thing. ingrates.
not only did that sham EPGL notify us at 2AM but they did it by twitter. How dare they. Maybe to the old guard that is terribly unprofessional. Maybe the 7PM news and the daily newspaper is timely enough for them. Dunno. But it sure seems like more and more media outlets are screaming for near-real time news. And I don't believe you need to go back too far in history to see the role that social media (i just puked a little in my mouth for using that term) plays these days. i think a dictatorship or two was at least partially toppled by twitter. BTW, I am not on twitter or facebook or instagram or pinterest or snapchat or or or.
$0.02
(that's my 2 cents, not what EPGL, the non-SEC reporting sham company is going to be trading at very shortly)
