Must say, very disappointed about the price right now, but then again, this is most likely due to people jumping out last week from the WWDC and no announcement.
For those that sold out, good luck wherever you went. This will be back to the .35 range this week. Out with the quick traders, and back with the real investors.
when I saw huge chunks bought up at high prices a couple of weeks ago, and it appeared to be from financial institutions, that is clearly a sign that others are seeing the long term investment.
I believe someone shared earlier that Bank of America bought a huge chunk (over 1 million) earlier this year.
So if you're a long term holder, keep the faith and you're gonna make out huge. Short terms, good luck as well.
I think some news may come out before ASHM. Like Watts said, it's kind of odd they rescheduled the ASHM from later in the year, to the summer. Sounds kind of odd. Only thing I can think of is perhaps its when they want to announce Visser as the new CEO. Hmm, that is a good assumption.
Also, I believe Watts is correct thinking they may have done it for the Summer as this is when the majority of people take their vacations (I know I am, and a few others)
Good news will be that the 100 mil dilution does NOT happen. They also announce that Visser is taking over. Another piece of good news is that FINALLY share production #s and estimates.
Bad news will be, they approve the 100 mil dilution and tell us that its to settle some other debt or something else, and those are available to be sold ASAP. That would mean it would flood the market if they sell them off right away. It will only be good if they have a stipulation saying they can't sell for "x" amount of years.
In any case, we are finally done with WWDC and can get back to normal business. Next couple of weeks for the ASHM will be interesting to see what happens next (if anything at all)
