That is a pretty pointless statement. "The company will make an official announcement". Is that all she said? If they are releasing earnings tomorrow, when do they plan on making this official announcement? Tomorrow? That is absurd.
Are you being honest about this? If so, I am selling every share that I own. They are supposed to be reporting earnings tomorrow, or Monday, and the company IR said they will make an official announcement on when earnings release would be????
I actually have continued to average down, more than I would have liked to. I am now in for 3600 shares for around 8.15 average. I decided to hold through their earnings release which is Friday, or so I believe, after the close. If it drops at all after the ER, I'm out and will move on.