Hey, have you ever seen a scenario wherein the earnings from two separate years were combined for an equally combined MM run? I mean, let's assume earnings from 2011 were $3.8M ....based upon the number of shares (3.8m), that would be $1 per share.
However, we still do not know about the earnings from 2010.
For the sake of argument, let's assume that a further $3.8M was earned in 2010. Let us further assume that the filings from 2010 and 2011 are released on the same day. Does that mean the MMs would have to take this to $2 a share?
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.