Tuesday, December 14, 2010 5:04:03 PM
Suppose Eric and Fred have been stockpiling news that we don't even know is coming. Suppose further that they've realized that without the audit in, their credibility is low and therefore have decided to wait until the audit comes out to drop such news. Now further suppose that we get more details into the Twentieth Century Fox deal as well as some other unexpected news.
Kaboom could be an understatement. It would be foolish to think that they are holding a shareholders meeting with a reception to follow for a bunch of investors who have been more than patiently waiting for the audit, and then not deliver the goods. It's crystal clear in my mind that they intend to publish the audit to establish their credibility and use that as the backdrop to deliver some serious news that will catch many off guard. All the signs point to a major, major shake up here to the upside.
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