But I don't think it was tax selling that caused the sell-off in November, I think it was the change of auditor....their third in a year. On the surface that looks prett scary, yet all the auditors have signed off saying they have no major disagreement with the numbers.
So that has me thinking that maybe they're just looking for a little more support from their auditor for the aquisition they announced last year.....it's been a while....but I think it could still happen? ...maybe?
Their new auditor claims to have a full service merger and acquisitions department that handles things from the start of negotiations to IR/promotional activity....
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.