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Re: researcher59 post# 79931

Friday, 04/29/2011 8:36:39 AM

Friday, April 29, 2011 8:36:39 AM

Post# of 94785
Im inclined to go with TF's thoughts in that they wish to remain listed or at least go through the process. Whilst there has been no out right proof of fraud as there has with other RTO's something is gravely wrong despite the fact i believe they have a sizeable business. Starrs lawsuit is rather damning although again it appeared a regurgitation of the "hit pieces".
That said being able to engage a new auditor and start the process of an internal audit could have the effect of further price support when it opens. It can only be a positive albeit short term regards the share price.
Unless they come out clean ( very unlikely ) im dumping the lot shortly after the open. If that means unloading in a respectable range then so be it.
The YMB board is full of post suggesting an opening above $10 based in the short interest. I'm not wearing my rose coloured spectacles anymore

"The pinnacle in my career financially wasn't acquiring the rights for Baywatch but my investment in CCME in Spring of 2010" I owe Fernando a few drinks for that one" David Hasselhoff on LARRY KING

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