kollmhn,
"I don't believe a long, legally vetted response to the WSJ article is worthy of a halt"
I agree 100%. I don't believe the NYSE would have stopped trading for the entire day for just a response to either the WSJ or the over hang issues. You can delay the stock for many reasons, but you can't shut the stock down for an entire day without a very material event that was about to take place and was starting to leak out in the market.
The decision is up to the NYSE, not HC.
If it were bad news it would have been announced late Friday or over the weekend. If it is good news, it will be announced an hour before the market opens.
With 9MM shares short last month before all the momentum shorts piled on, and with the institutions owning over 100% of the float, Monday morning will be very interesting if there is even a hint of good news.
I've spent many hours over the weekend reviewing the SEC filings, and the financial statements, the operating and performance ratios and how they all compare with HC's peers and I can find anything negative on HC.
My guess is it's good news Monday morning and in the short run we have a $20-25.00 stock and for those who want to hold long term the stock should be a $30-35.00 stock within a year or less.
There are too many positive signs. No insider selling, insider buying, the news release allowing the O & D to buy prior to the normal window period, five Strong Buys on the stock, numerous recent reaserch reports pounding the table to buy when it was in the mid 20's ect ect ect.
With 16,000 shares on the line, if it's good news I'm taking the rest of the month off. :-))))
I think we have another home run in the making.
JMHO,
Jim |
