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Re: modrica post# 62852

Sunday, 03/24/2013 6:05:52 AM

Sunday, March 24, 2013 6:05:52 AM

Post# of 67010
Doesnt work that way, dont know how else to explain. Imagine company says (a) we have signed deal to acquire a $200 million asset for $3 million on march 6 (b) people buy stock based on tat possibility (c) march 6 rolls around and deal isnt closed or is re-negotiated. You wouldnt expect company to disclose that ? It is material to investors - whereas perhaps a $500 transaction to buy a copying machien wouldnt be.

If this was a much larger company and had money in the bank, they would face a lot more problems operating this way.

Just the way pink sheet market works though, and knowing that I shouldnt complain.
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