I am not counting on too much for AMEX listing to lift the stock price unless they have some successful road show. The good news from the company counts more.
That said, slower economy worldwide will weight more
"Monday, August 21, 2006
The Medal Round
We are entering the first corrective phase of the nascent Goldilocks market. In their morning summary today, venerable ISI (Hyman,Lazar, .et .al) advised clients:
"It's been longer in coming than I expected, but a mid-cycle- slowdown pattern seems to be here with growth stepping down, inflation worries receding, tightening fears fading, bond yields declining, and stocks rallying.History tells us next lies even weaker growth, Fed easing, even lower bond yields, lower inflation, and higher stock prices.Well that's what it looks like today."
We have been calling for this interim psychology shift for quite some time, and now, with market beginning to "in-digest" whether Goldilocks thinking is friend or foe--we have entered the medal round."
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