F anticipation?
You know by now I would have thought this would be priced into the stock....again I could be wrong. I just want us not to get over-zealous in our expectations for what might occur in the next month, 3 months, six months, etc. This F thing has been discussed and has been in the process with the company (Delaware Co., KPMG, etc.) for the last 3-5 months. Are those that are out there really thinking that this wasn't going to happen???
I would be much happier with an announcement of a new deal than about the friggin F coming off. I understand the implications, don't get me wrong, but do we really expect a flood of MMs coming into the market for our little company. I know that we expect the market cap to be huge, but at $390 million worldwide trading on 4-5 stock exchanges (at least), its not going to attract a bunch of the big names to the stock for a while (Nathan might be a better judge of that).
I'm for the slow and easy ride up as I've said before.
Maybe the shorts have started to give up now that the $11 resistance level was never really in jeopardy,,, even on a day when the market fell a good percentage.
2 reasonable cents,
Scott. |