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Friday, January 14, 2011 12:16:00 PM
"how long does it take a market to catch up with what's happening here and reflect it's true value?? "
A: As soon as they're fully current in their SEC reporting and people can see the enormity of what's going on and what they have. That's why we're all waiting with bated breath on every new 10-Q or 10-K that shows up on EDGAR.
Here's what's left:
2008 - 3 Q's and a K
2009 - 3 Q's and a K
2010 - 3 Q's and a K
If they drag out these 12 beyond March 31, 2011 then they'll owe a 10-Q for 1Q 2011, as well, in order to be fully current.
But the numbers in the 3Q 2010 10Q and 2011 10K will be recent enough that they should get the train really moving.
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