SOROS.....News of delays, dilution and insider selling is about all that has come out over the past month or so with EFCR, and the share price is reflecting that. If a company doesn't give investors ANYTHING to hang their hat on, any stock will go down. People may be misinformed on these issues, but if they are, it should be up to the company to word PR's clearly, so as not to leave the slightest chance that they could be misinterpreted. If there's no dilution, they should make that clear. If there's no insider selling, they should make that clear. Is there ANY good news, or not?
The thing that is making me concerned is that with all the different irons in the fire (i.e., Kazakhstan, Ukraine, Libya, Russia, Romania), the chances of not having good news on ANY of them seems strange. One would think that with all those avenues for "potentially" good news, something would have happened by now. At least a tidbit of good news from one of the 5 areas? No? It's one thing to have setbacks, but when there is nothing positive to report in ANY of these locations, I think there is a logical cause for concern. After all this time with no good news, just speculation, are you thinking that it will just be a coincidence that good news will come on all of these fronts at around the same time? What are the chances of that? In other words, after so much time with no good news, are we to assume that we are about to be deluged with nothing but good news in all these countries? They will just all come to fruition at around the same time after going all this time with nothing?
I have to tell you, I'm concerned, and from your last post, it sounds like you are a bit concerned (disappointed) as well. The "contact" that you trust so much.....would you mind raising your voice to him a bit and informing him that even the "longs" are getting antsy here?
We need some positive news. No news creates doubt, and doubt's not good. |