News Focus
News Focus
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tonysib

12/14/08 10:15 AM

#31501 RE: rdailey4 #31500

are they dumping as they tell us to hold because they are working on a plan
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rabbi

12/14/08 10:16 AM

#31502 RE: rdailey4 #31500

RD, I think Slaz's email means they're talking with the lawyers and accountants about how they can find the money for a cash divi. They obviously haven't read Carp's email. But you are a hundred percent right that they'll probably fluster and not release any news or even an update stating anything for 2 or 3 days further tanking the stock price. Pray for premarket. God I sound like a broken record with this pre-market thing but I don't get it. Use the President's letter even, ANYTHING!
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slazenger7

12/14/08 10:17 AM

#31503 RE: rdailey4 #31500

rdailey4 - It has only been one week (Dec. 7th) since the PR that the Barons Deal was rejected. Give the guy a chance! Everyone wants him to restore order overnight and haven't even given the guy a chance to come up with a viable plan. He is not going to tell me in an email any details of what they are discussing this weekend, so of course he didn't mention a cash dividend or any dividend for that matter. That doesn't mean it is not going to happen. Galo said they are meeting the entire weekend with their attorneys and advisors to come up with a plan to reverse the present loss of marketcap in their stock. He said they expect to announce the plan next week. Shareholders sold their stock in a panic and that is why the stock price dropped. The fundamentals of the company (Barons) have not changed, and if they eventually release financials and PR the worth of Barons and its contracts, things will change here in a much more positive way, both for shareholders and the share price.
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turbosig

12/14/08 12:19 PM

#31512 RE: rdailey4 #31500

Right, he is stalling. But hey, I'm learning how to play the game, so we'll see if I can beat it.