One Step Ahead

[Bo14172]

Tough lesson here on ITGJ.

Made the right choice, but unfortunately was also correct on why it didn't rise on news.

It ran immediately after the news, and would have continued to run. It's too bad a company involved in helping tsunami relief also issued a tsunami amount of shares behind the news.

Late yesterday I called the overseas number and spoke with their IR representative. He acknowledged dilution followed the news.
He said there would be more news next week. I didn't respond as my only thought was how many shares will they dilute the market with next week.

I thanked him for his time and sold at a loss this morning.

Onward.

Bo