This is not a management team that elects not to have a call simply to avoid their shareholders and analysts in such uncertain times. The only explanation I can fathom for no call is that they don't have time to prepare. And, the only reason I can come up with that seems logical as to why they don't have time to prepare is that they are busy doing something else. So, what else could take up their Friday - Monday that would be more important than preparing for a quarterly call? I believe they received clearance from the SEC for their S-4/A (not a big stretch since the last changes were so modest) and they are busy with all the documentation necessary to get the BRY deal back on track and don't have time to prepare for a call right now. That would also explain the rush to get the 10Q filed since this data needs to go into all the documents, including the Proxy. Maybe someone else can come up with another explanation for the sudden urgency to file the 10Q with no conference call, but this is the only one that I have come up with that explains both. GLTA
bbandassoc, I seem to remeber from a previous post that you are a former CEO. As such, I give a lot more credence to your posts than many others. Having said that, your explanation makes a lot of sense to me and I thank you for taking the time to share your thoughts. We'll all know soon enough.
A bit of overthinking on your part. Simple put, "no comment" sends the message the company is confident of its direction and that it is not held captive by a single issue such as this BRY deal. Not addressing the SEC publicly sends the message of compliance to meaningful issues without airing a response to political carrier builders. A 4th quarter conference call will be of far greater value. A much clearer horizon can be seen when the dust has settled.
I have a sizable position in LINE and don't mind thinking a bit. No company gets in a hurry to publish their 10Q and hold no call, when it is their custom to give reasonable notice and hold a call, without a reason. So, there is a reason, it's just a matter of what it is. But, I can assure you the change in habits is not that they believe "no comment" is the way to project confidence. And, the explanation must be substantive because it's nearly unthinkable not to hold a call.