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Friday, August 10, 2012 11:42:08 AM
This past quarter, perhaps as much or more than any other, has been marked by a paucity of news releases that could be considered guidance. Investors, existent or potential, may well be confused (or perhaps the better word is "confounded") as they lack direction upon which to base their investment decisions.
Personally I feel that the upcoming Q2 results and the associated Conference Call may mark a crossroads in the future of the company.
Good results, a "positive surprise", would do much to enhance the image of management. A second quarter of poor results however could signal that it is time for shareholders to take a much more active role in assisting the current management towards transparency and profitability.
The current small trades at the bid or ask are essentially meaningless. The present drill is to wait and see the results, the explanations, and the subsequent stock action to determine what we really have here in this company at this time.
All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer (1788-1860)
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