Wednesday, March 30, 2011 1:00:49 PM
Anything that is not a done deal is a story, in my opinion. What good does it do a company to release info saying they are negotiating with a company and next week have to inform investors that the deal is stalled, and next week the same, and the next and the next, and ultimately maybe the deal falls through? I'm not a "trader" and I don't follow many stocks, but I fail to see the advantages to the company.
I think I explained pretty well my feeling about pre-announcements and premature announcements. You may disagreee, but maybe most longs tend to agree.
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