You're welcome, I'm glad you find value in them. To be honest, I was a little disappointed as well... The whole time, however, I was very doubtful that we would get news of the merger by that point, it seemed like too short of a time-frame. Scott bit off more than he could chew b/c he can't control the amount of work that the other company has to do. I was asking Scott to reassure myself, but, unfortunately, it didn't happen. As long as we get an update, sooner than later, I think he can prevent a correction. Seeing as how we're not fully reporting yet, the press releases are really what drives the PPS. If they can construct a great press release explaining that the merger finalization is "out of their hands" and focus on other positives, I believe they can maintain the PPS. We'll see how this plays out, but, in the long-run, it will mean very little. I do not plan on selling or taking any profits at this point, as I believe this company is grossly undervalued. The merger WILL happen soon, even though it may not happen very soon. Patience will be rewarding.
"Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed."
AI
