Makes sense that BP would be kicking the can down the road and doing everything they can do to delay. However, we've been pushed back, what, three times now? I'm sure the Judge is losing his patience and if there are any "shades of grey" in this dispute that require a little nudge from the Gerber in one direction or another, I would suspect favor would go to the side that hasn't been di@king around with his schedule. ;)
I'm hoping we get a ruling this week. Favorable ruling will be HUGE.
Nothing will be as big as when Steve releases his Q3 financials in Mid November IMO. I'm expecting a profitable Q3 financial release to give us the real kind of press exposure we've been waiting for. Clearly wall street could care less about the MORs despite showing profitability for 3 consecutive months now, b/c they are simply a court requirement and haven't been audited. They will LOVE an official black Q3 release!
The fun begins at 9 folks!! Pay close attention to L2 and what kind of start we get off to during the first couple hours of trading. The continuous buys slapping the ask at close Friday indicate there were a lot of people that wanted in last week but got cut off at the bell. Will be interesting to see if they wait to get a feel for where we're headed for the week, or jump in for fear of what happened middle of last week when we took off and didn't even slow down for 3 days straight.
I couldn't BE more excited. I'm sure you guys share in that excitement too. Even some of us longs enjoy the day to day, week to week volitility of this stock and the games played by MM's and investors with big pockets! It's like a good soap opera. LOL
Clint
AI
