I agree entirely. It would be pretty easy for someone to get a jump on the rest of the market if they had some info on where POLA is on the spectrum between laying folks off versus running 2 lines and both with second shifts. And as for news on contracts, I suppose the company would issue a PR if they obtained anything really significant. But still there are many other ways information can leak out about impending deals, smaller signings, etc. Even if the company stays quiet, there are two parties to every contract.
Oh well, that's just the way of the world. When I invest I assume I will not be the first to know anything. This is in fact a key reason why I enjoy looking at charts. Charts will often tell you what is happening with a company before the news hits.
Alternatively, you might be correct in alluding to further short covering. With the PPS this low, I sure as heck wouldn't want to be short heading into the next earnings numbers.
Whatever the reason behind the move, it is great to be back up around $5.
I'm still holding every share and am very pleased to see so much green in my account. Small percentage return, as yet, but I've got a lot of shares...gulp!
Thanks once again for all of your insights!
Wadi
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