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upwardmo

05/02/11 5:13 PM

#30215 RE: Traderfan #30212

I believe the investigation will definitely turn up "issues" -- but they may not be nearly as criminal as the shorts and resignations would have us believe (otherwise, why would ZC bring in a top-notch forensic investigation team?). The end result may well be like with CAAS, whose investigation concluded that the accounting issues were relatively minor, sending the stock rocketing after it was unhalted.
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Ben549

05/02/11 5:17 PM

#30216 RE: Traderfan #30212

At this point we dont need "clean," we need somewhat clean, thats it... 50% clean would cause a significant short squeeze imo, which allows us long suffering longs to get out in shape...

Just my opinion gang!
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serpako

05/02/11 5:27 PM

#30219 RE: Traderfan #30212

It's not about being hungry for news, it's about knowing we still have a pulse. People have money locked up in this company, so any sign of life with this company brings hope, bottom line.
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bullmarkets

05/02/11 7:44 PM

#30237 RE: Traderfan #30212

I'm not hungry for news as much as for the third party verified truth. If 1/2 the cash is gone or half the clients are fakes, that's fine, i.e. means business is viable and even potentially robust. Just the facts so we know what we own and how to calculate price relative to earnings, as well as failsafes to prevent the 'Amateur Hour' from getting ahead of itself in the future.

-Andrew