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Re: jrlsss post# 8747

Friday, 01/07/2011 12:35:49 PM

Friday, January 07, 2011 12:35:49 PM

Post# of 23465
I assume this is because of an apparent extension of time for the reported results.
More or less short term or impatient traders selling on hopes of making money elsewhere and then hoping to correctly time their buyback of Wolverine-much easier said than done.
Not many easy plays out there and unless they are an expert day trader flipping and momo trades seldom work out.

Plus there's always the chance results come in earlier than Doubloons revised date. Originally the company "confirmed" results would be out by 1-15-11.

I can understand many things being delayed by the holidays but if I was on the team that was to process the IP results I don't think I'd be taking Dec 24 to Jan 2 off-not that they don't deserve it-its just that I don't think I'd be able to fully concentrate on vacation when IP is waiting to be processed after all this time. The few people involved in processing the results could always take vacation after the IP results are determined-though I wouldn't take their weekends from them.
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