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Re: JackStraw post# 4985

Tuesday, 06/15/2010 11:38:04 AM

Tuesday, June 15, 2010 11:38:04 AM

Post# of 19508
Let's hope Covidien comes out today or tomorrow with the confirmation news. My concern is that if we do not see any news, then we may see sub .10 again since this appears to have been another 25% run up on another potential partnership rumor posted yesterday.

Most investors will not take kindly to a second wave of new rumors with verified pr news not following up after one was just done last month and the promises fell through. I know most of you are probably feeling the the timeline has not past yet, but I think if you ask most investors and MMs on how they deal with stock and company comments, most would say they rely on fact and follow through. As I paraphrased it before, would you expect your boss to be happy with you and letting it keep sliding when you tell them you will have the information to them by xx days, and you still have not. After several times of that happening, you better be aware you are on some type of list and probably on corrective action.

Hoping we see the news today or tomorrow.

GLTA as well as GLTPosc