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By: DND in IDCC | Recommend this post (0)
Wed, 26 Oct 11 3:58 PM | 315 view(s)
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Msg. 43378 of 48237
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For You Guys Who Wanted Something Positive.....

Over the years, here's something I have noticed.......many takeouts have occurred after earnings releases and the most likely reason is that the company has revealed via various legal SEC filings (8K, 10K, 10Q)....so you have an audited position on hand and can be legally made aware of mandatory footnotes...problems, legals, earnings shortfalls, etc.

Maybe a CPA or two can confirm that this type of information is extremely valuable to a potential buyer.

Here's hoping! End of quarter was September....so we are getting to a logical spot, imo.


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