CLST Holdings Inc (CLHI)

[Renegades17]

It was odd



It was as though he lacked confidence in his explanation, which is justified since it lacked merit (based on what was said so far). If he had a valid response, put it out during trading hours to at least limit the stock price damage.

The better approach would have been to put out the PR this morning prior to market open with whatever explanation they have.

I have a feeling, perhaps it's just wishful thinking, that they are figuring out how to undo the damage. I don't think they know yet, so they tried to buy time.