"How do you think the market would react to flat or even slightly negative YoY rev growth and no conference call?"--Treit
I'm hoping that this potentially lack luster quarter is already baked into the share price and that those who anticipated it and thought their money could yield higher results elsewhere have already moved their money. We'll see soon enough. Hopefully Q1 will have some noteworthy asides to augment the numbers that further validate the direction management has elected to take. If so it could be enough to hold things steady. But, again, those savvy enough to move their money around to more promising short term opportunities were probably savvy enough to realize that the best time to do that was right at year-end earnings, not Q1 earnings. Indeed, with the stock sitting at a buck and June already on the near term horizon, it seems accurate to say that the potential reward for dumping versus that of holding for a noteworthy announcement--the Form 10 completion and a fish farm contract could come at any time, and July might bring the first PR on fish sales--is steadily tipping towards the hold camp.
But, whatever, I've decided to hold so it doesn't much matter to me. I figure as long as the company keeps executing it's plan the share price will rise significantly in due time.
Steve
AI
