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Saturday, September 23, 2006 6:07:01 PM
Logic and common sense will always prevail in investing.
Most longs knew in their heart that financials will not be out on Friday and the mm's and bashers tried their mightiest to get longs to sell cheap and look what happened.
Other than a tiny number of shares scared out, most of the trading was the market makers to themselves. Why is that?
Well, most longs have done their homework independent of this message board and are convinced that this company is moving forward very rapidly.
With that belief strongly in hand it would take a lot more than a brief delay in producing an audited statement from KPMG of all people, to shake people loose here.
In my opinion not only will the stock not fall on Monday if the statement does not show up, but in fact I am predicting that the price will rise.
Simple logic tells me that unless there is a devastating pr from the company about the statement, everyone including the mm's know it will be out sooner than later and they will start covering.
Just my thoughts of course.
Making money from the mortgage meltdown, want to know what's hot? SUBRIME LENDERS BOARD
http://investorshub.advfn.com/boards/board.asp?board_id=10112
My opinions are not investment advice. Form your own conclusions, do not rely on mine.
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