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Microcap & Penny Stocks : ICVI (now MTEI)
MTEI 0.003400.0%Dec 12 9:30 AM EST

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To: Cliff Daniel who wrote (4115)5/28/1998 7:07:00 PM
From: justaninvestor  Read Replies (1) of 11850
 
Hi Cliff -was gone for a while

I said :I will disagree that the timing of the release of the next PR will have anything to do with the price

You said: Please, don't stop there, state your beliefs in what will
determine the release date/time.

I guess the simplistic answer is that they will release the news when it's ready. IMO, companies should not allow their stock price to unduly influence the timing of a PR. Now, once it's ready, they may deliberate as to what time of day they think would be appropriate, e.g before the market opens, during the day, after market close.
I agree that a company might say,"let's do it Friday PM, so the market can discuss it all week-end" but I don't think it would have anything to do with the actual stock price.

Yes, I know that companies will come out with PRs if their stock is being pummeled, but that's not what I would call a material PR.

My opinion only (MOO?) and open for discussion.

bbruin
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