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Tuesday, March 25, 2008 3:19:13 PM
OK you win hands down in the contest over who can come up with the most ridiculous reason for the 8K and let me tell you there was some REAL competition there for awhile.
I'm the one that speculated that the reporting of Shay's comment not to worry too much about April 11 and his confident demeanor may have been considered a disclosure under the FD regulations. I'm not a Wall Street expert, but it seems to me that his communication that he is not worried and that April 11 won't be an issue, however subtle, that was interpreted by many on public message boards to mean that something was in the works, just might put the company at risk when it turns out that the interpretation was a reasonable one and also happened to be correct. Seems to this neophyte that a case could be made that there was an inadvertent disclosure.
But of course, management personnel never make mistakes and it's just us wild eyed investors creating things out of whole cloth again. I'm glad I gave you a laugh. Tell me again why they issued that 8K, because I'm obviously clueless.
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