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Re: jhnvtjll post# 44889

Tuesday, 06/14/2011 10:34:47 PM

Tuesday, June 14, 2011 10:34:47 PM

Post# of 350006
Compensated Awareness Post View Disclaimer
I will say this. I thought it was bad move when someone in the company made that decision to for cast revenues like that. First of all why do it? Unless your pumping to dump shares. They didn't dump shares they never had registered shares to sell. Still looks like a pump though. In penny land many companies make claims like that and they never ever happen. No experienced investor believes it and they think BS right off the bat. Actually hurts credibility when you give such huge forward guidance. Certainly hurts it if you miss. So again why do it?
I do think in RTG case it was believed they could do it. Things always take so much longer than you expect so why dare to say it? Lets see what happens but IMO its best to report revenues when they happen.
I have no clue if they will get close or miss by a long shot.Just not good to risk it.

Disclaimer: My posts are IMO, I am not a Professional analyst Do your own DD before investing/trading . My opinion is subject to change quickly depending on market conditions or other considerations!