I'm repeating the same message here I just posted on RagingBull, with slight edits:
I knew very well LIOX would go down crossing QP and the days after, in the absence of news. I gambled there'd be news, and lost. Thus, I guess my only response to repeat one of my earlier messages:
"To LIOX: Show me some Monday morning news...don't make me
wait till Tuesday. If not, show me some Tuesday morning news...don't
make me wait till Wednesday. If not, well then show me some
Wednesday morning news...don't make me wait till Thursday. If not,
well, I just might be sold completely out of this one by Thursday,
instead of only the half-position (to beef up my IPO-buying fund) I
intend to sell when news hits. I don't mind being long in a company,
but I've got to know there exists a PR machine capable of supporting
the holding of a long position. I doubt LIOX is capable of any strong lift absent substantive news."
Overall, the LIOX situation is boggling. One of three things must be in play: a) LIOX doesn't care about its investors; b) The PR machine is incompetent; or c) LIOX has something pretty big up its sleeve and is holding off for prime time to announce it.
Of the three, c) seems more logical. So when would such a "big"
announcement come into play? Well, I doubt it will come during the
presentation of its workshop at the LISA Conference. More likely it'll
come with the plenary presentation of its CEO on Wednesday. If I
don't see anything I like by Thursday at noon, I'm outta here--win, lose or draw. If I'm going to develop a long position, it'll be with a company that is concerned with its shareholder value. Anyone agree with me here?
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