Brad,
We're going to see a loss reported on Tuesday . . . we just don't know how serious it will be. Any good news reported on Monday or Tuesday would be swallowed up in the quarterly report -- unless it is extremely big, good news, in which case why cloud it with the Tuesday report? And if there is news like that, it won't help that much to release it later in the week with the stock affected by a quarterly loss.
The best time for really good news already available would have been this week, so that it could effectively pre-empt the quarterly report. Since we didn't see anything, I don't think there is anything. (Of course, I always tend to presume some intelligent PR strategy by IDX, and I should know better by now.)
On the other hand, I think all the bad news on earnings is basically out with the revenue announcement. I think the recent shorts got faked out by the CNBC interview and were expecting much more of a collapse afterwards, and now they are hoping for a good exit point. Fundamentally, not much has changed lately: No breakthrough by a competitor, no strategic assets lost by IDX, no reason to have a 40-50% increase in the short position.
And I think IDX will have some presence at COMDEX, in some form. |
