Look, no one doubts the fact that the 10 filings are important. They are. But they are not a sufficient condition for success...until that day that the SEC and NASD require them. But that day is not soon. And if the 10 isn't filed by then, it doesn't much matter because the stock will have little, if any, value.
As I and KZAP said, the fundamentals are not only a necessary condition but they should be a sufficient condition. Obviously, enough people do not believe this. I guess this form 10 issue makes a difference. If I had known how important, I would have sold out completely in December and then bought back triple now.
The Form 10 issue is kind of like a forward stock split. Whether a pie is cut into 4 or 8 slices, the size of the pie is the same. But if people THINK it's better to have twice as many shares at half the price, then guess what ?...it is better!Heard a guy on CNBC complain how stupid it is that stock prices rise higher on stocks that announce splits. Rather than complain, he should just accept it and go with the flow.
I keep forgetting my favorite quote. Don't matter if the form 10 should make a difference, the historical record of the stock shows absolutely that its omission HAS made a difference. Therefore, of course I want it to get filed.
Since we have waited this long, we almost have to wait a little while more. Don't we? Especially with the news we have been receiving.
I apologize if I have offended anyone.
TG |
