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Re: Traderfan post# 2399

Sunday, 05/02/2010 11:02:37 PM

Sunday, May 02, 2010 11:02:37 PM

Post# of 9229
I think every stock has slightly different uplist performance. The China market correlation is smaller for a petroleum company than other industries. Second, to have a strong, sustainable pop upon uplisting, the next earnings has to look strong as well. I think we all agree the news of March 31 quarter's results will look good, so the release of that earnings on or about mid-May will be a positive catalyst to PPS. Short term, if LPIH uplists within a month of mid-May, give or take, that should be the biggest predictor of how strong of a pop the stock will see. Further down the road, whether to hold or sell LPIH, the next important indicator will be the June 30th quarter's earnings, which get reported in Mid-August. Hopefully, revenues will be up even further, but GAAP adjustments due to PPS changes since the previous quarter will not weigh too heavily on the EPS
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