Singing Machine Company Inc (MICS)

[NobleRoman]

The expectations are posted daily for you by Mr. Market. The price -- the valuation as set by Mr. Market which is forward looking. In the efficient market theory, that would indeed be the false assumption you would make. But it's an inefficient market on this kind of time horizon. And the market is valuing MICS at $8 per share as a whole based on expectations. Those expectations can be exceeded or not.

Now, you yourself claimed that "everybody" understands that next quarter will be bad. If "everbody" understands this and it' snot bad, that would mean that "everybody's" expectatiosn were exceeded. Unless you want to change your testimony?

As for my expectations, I have none. I don't dabble in such folly. But Mr. Market as a whole does. That's what they call timing the market. A fool's game.