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Monday, 09/05/2022 2:39:20 PM

Monday, September 05, 2022 2:39:20 PM

Post# of 709366
Happy Labor Day all. A question in my mind is if the company has any control of when the Journal is released, or any other news for that matter, do you release early in a holiday shortened week, when at least some senior brokers may still be on vacation, or do you wait for the following week, when the brokerages should be fully staffed.

An old broker friend always advised that good news should come early in the week during weeks when brokerages should be fully staffed. He also indicated that during times like the XMAS and NY holidays the kids were running the brokerages and no telling what stocks they might get on and move substantially.

Labor Day marks the end of the Summer Doldrums' in biotechs, and no doubt other industries. Many people are returning from their Summer Vacations, brokerage and technical conferences are resuming, in short things should start to pick up. Hopefully the FED won't keep depressing the general market with their dire predictions, but they look at it as a way to reduce inflation. I believe if they'd leave it alone as gas prices come down they'd see the inflationary numbers coming down without their interference. Certainly they might want to bring them down lower, but if they soften their wording as well as the size of their interest increases perhaps they could bring them down without tanking the market, or the economy.

Time will tell. I should note that in the past we've actually had some good days when the general market did terribly. While I'd prefer the market being up, it really never is about the market, it's about the stocks that each of us own. Some of my best days have come when the general market tanked. If we get the kind of news we're expecting through the remainder of the year I fully believe we'll close the year somewhere above $5 and perhaps well into double digits.

Gary
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