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worthylion

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worthylion

Re: None

Monday, 03/18/2013 5:36:03 PM

Monday, March 18, 2013 5:36:03 PM

Post# of 231
APWC--Got a boost and some volume today from a PR that announced:

1) $62 million of revs over two years in recent contracts
2) they started trading Friday on the real "global markets" NASDAQ vs. "capital markets".
3) strong 2012 results for their Thai 51% owned subsidiary
4) an expectation that their own 2012 results would be reported in April
5) bullish but vague guidance and a commitment they will more actively promote the stock this year

All in all, a good PR with some meat. As they have been very "PR negligent", it's encouraging they put out a wideranging PR. Not sure how much the NASDAQ "uplist" matters, but it could allow some institutional investors to give them more active consideration.
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