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Re: None

Thursday, 09/15/2011 10:31:48 AM

Thursday, September 15, 2011 10:31:48 AM

Post# of 35926
Some posters expect, or at least hope for, major price appreciation when the audits have been finalized (and hopefully submitted via EDGAR as part of a 10-Q or 8-K filing), but I'm not sure that will occur. Why? Assuming the numbers in the audit do not change, that information is already out. In addition, given their secrecy, I'm not sure there is much sustained price appreciation on news of contracts, especially if that news is disseminated via back-channels. My guess is that sustained price appreciation will occur when verifiable contracts and deliveries are backed up via EDGAR filings showing a good stream of revenues and profits. That's the only way* for MLXO to achieve a sustainable increase in the share-price.

Thus for longs, if you believe in MLXO, keep after mgt. to do things the right way and do not get too discouraged if you do not reach your exit price on your hoped-for timetable.

* To be sure, momo-runs can occur, and the price could rise and remain high if a merger or buy-out were to occur.

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