Thursday, February 06, 2014 11:00:36 PM
This conference has been part of the deal for some time. But, as per the yahoo board poster (and I checked), the CEO was not listed as a speaker - until this PR about the conference.
Speaking of the timing, why release a PR today, of all days, for the upcoming conference?
In my limited experience in life, you don't through your CEO into a conference unless there's really good or bad news coming. Why, then, would your CEO leave home office to discuss - or pump up - clinical trails that have been ruled on negatively? It makes zero business sense (to leave home office anyway).
Upon closer examination, this seems to be spur of the moment. This company is typically a pre-market announcer, very methodical. But then, on a Thursday after noon, they have a PR about Linda attending a conference to discuss the platform tech., the trails, and whatever other goodies. A Thursday during a very critical, past due ruling from the DMC.
One more thing to note, ad nauseum, the company has 72 hours to release findings. If made available today - as we've discussed here - Monday morning may not be deemed acceptable as it falls outside of the allotted time-frame. It would have to be tomorrow.
Pre-market - probably/probably not - as they may take the maximum time to prepare a PR. But you'd think it would happen during trading hours so as to maximize investor augmentation (if not-bad news).
I don't want to put out any "e-cred" on this, but I will be adding shares tomorrow morning.
Just some points to argue, ponder, and discuss.
#bullish
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