News Focus
News Focus
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DD-214

04/09/12 12:51 PM

#16498 RE: burieddead #16497

in that case wouldn't it be prudent to sell now, otherwise you're in jeopardy of just getting trip zeros for your shares..
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mdimport

04/09/12 1:01 PM

#16499 RE: burieddead #16497

I suspect there are some rather upset funds in NY and CA.

There are a couple of lines that really stood out:

The restructuring process was painful, time consuming as most difficult recoveries are, and is not quite completed yet.

the worst is going to be over soon

guarded hope that a kick-off for these contracts, originally planned for end of last year, will materialize in the coming 2-3 months

We'll see what happens, but there is news buried within the news. Not all bad and not all good.
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papeproducer

04/09/12 1:01 PM

#16500 RE: burieddead #16497

I agree, there was absolutely no "meat" with this PR. Actually, I'm not even sure why this was released as a PR instead of just a board post. However, I will choose to see the brighter side of things. MWWC did exactly what many of us have been hounding them to do over the last month...tell us something, anything, good or bad doesn't matter...just say something! We at least now know not expect the industrial client this month as many of us were hoping for, and we know that they are still struggling for cash. I can at least decide whether to buy more today, next week, or not at all. I applaud management for at least pulling back the curtain a bit so I can make a more informed decision. I would like to see more of these types of communications, even if they are simple board posts. I think the un-official "Hey guys this is what's up..." types of posts are a hell of a lot more informative than carefully-crafted PRs.
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braybrit

04/09/12 10:35 PM

#16521 RE: burieddead #16497

Simple, create hope, perceived value increases, interest increases,company sells to raise cash. Same scenario, different voice. At least they are up front and have been since last fall. They said it was going to get worse before getting better. Even with today's message. Read again. They are not done yet...soon. LOL
They are talented. Not buying. Have enough for now. Waiting for .000, hope not but history shows news = dilution.
We shall see.

GLTA