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b9molecule

03/23/11 1:44 PM

#6290 RE: mikey1 #6289

I do not think you can judge based on stock action - volume is low and the stock always seems to sag when info is delayed. Look at the past pops on news and you will see that the stock slumped on various occasions prior to the pop. JMHO I am not saying the report will be good or bad, just that you can't predict it based on price action. My person belief is that it will be OK relative to y/y quarters as I do not think the bottom has fallen out of the Aussie mining industry. OTOH, AYSI revs have been very lumpy Q to Q in the past. Just have to wait and see. How's that for equivocation???
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DaveinHackensack

03/23/11 4:02 PM

#6292 RE: mikey1 #6289

I wouldn't read too much into it.

Take a look back at the price action before the last earnings release: the stock dropped from 80 cents to 64 cents before the 2010 earnings were released.

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