InvestorsHub Logo
Followers 14
Posts 1158
Boards Moderated 0
Alias Born 08/23/2009

Re: Helium-3 post# 465

Friday, 09/24/2010 4:05:55 PM

Friday, September 24, 2010 4:05:55 PM

Post# of 488
They had to delist since they couldnt meet the deadline. Company and fundamentals HAVE NOT changed. --Bsirola

This statement is true, but I find it very disconcerting that as recently as 9/22 an article was published which states:

"Satyam ...will announce audited earnings for the fiscal years ended March 2009 and 2010, on Sept. 29, spokesman Sridhar Maturi said."

And only two days later the Company announces that there is no way they can meet that deadline and they are going to have to delist the company. How can one put a favorable spin on that?


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.