For me, the jig was up when the 07 numbers weren't released. I had a bad feeling but didn't sell. The only way to get us heading north on August 1 is to show that 07 has proven to be a legitimately profitable year thus far. Even then, any upward push is tempered by the gagged TA and questions about the preferred shares. But I'll take any run at this point to cover some of my investment, and maybe play the current trading range.
We need to move away from "Fool Disclosure" to "Full Disclosure" but I don't see PBLS as having their heart in that yet. If they did, plain and simple, it would be done. Time, acquisitions etc no longer hold salt as excuses - not with this extended time frame and their own public declarations to that fact. No excuses fly any longer.
So we all know there's more to hide. Rather than speculate that it's good news (PBLS is trying to shake the tree because the promised land is ahead) I think it's much safer to speculate 07 is bad news as it stands now, play the dips and rises, and don't look for the TA to be crowing soon.
But please, I hope they prove me 100% wrong, as I'd like to return to some level of belief in free enterprise and markets.
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