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Wednesday, April 16, 2008 7:54:21 PM
The silence you refer to is in part from API's debacle with Stockprofilr. Those guys skate a very fine line along the edge of the SEC rulebook. The lesson learned from that, I think, was that "talk is cheap". API is waitng to speak with audited facts that can and will be filed with the SEC for all to see.
We are waiting for those financials to be completed and released. This wait is a good thing in my view. The weak shareholders are falling away and the stronger ones are picking up their shares at a bargain. This makes for a healthy stock that can be bought and sold on fact, not rumor. All equities move according to supply and demand, as you know. I believe that API wants that demand to come as result of verifiable numbers that represent the true value and growth of the company.
Any CEO that chooses to take this higher road is OK in my book. It shows foresight, temperance and confidence. Of this I am certain.
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