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Andrx Corporation (ADRX) Message Board

  • frankposting frankposting Mar 10, 2006 11:41 PM Flag

    MMI: Slow Motion

    MMI buying is in a slow pace: about 150K per day. It may take 2 more weeks to finish. No date for earning report has been set yet and the last day is the coming Wednesday. Although MMI buying pushes pps steadily in recent days, reporting delay will be a disaster to individual investors for months.

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    • i agree that a delay (past the allowable date, march 16th---and for due cause) in the eps report would potentially be disasterous......
      however, as i continue to dialogue w/ the company, their most recent response to the upcoming report was:

      "Our plans have not changed. As I mentioned previously, consistent with company practice, we will issue our financial results and file our 10-K simultaneously, which will occur no later than March 16. As for a release announcing the date and time of the earnings release, I had hoped to issue it earlier, but it will go out nonetheless. Please be patient." ........

      well, considering the history of this company, their asking for "patience" is a tall order, but, i believe that we still have to think that Andrx will in fact report on time, by March 16th........