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Central European Distribution Corp. Message Board

  • jtraphael jtraphael Aug 27, 2012 6:04 PM Flag

    do we have to wait until November for news?

    No news, and it continues to drift down. You would think that with the commitment made by Russian Standard, it should be at least hold $3.25

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    • The delay in earnings resulting from the investigation on the rebates has spooked too many investors. I think they'll come out with earnings soon. RS is in deep with this company so at least bankruptcy, etc is off the table. I would expect some big news coming out soon. Good or bad.. Who knows.. But they are trying to find a new CEO. They need to state Q2 earnings. They need to confirm whether or not they need to restate earnings going back to 2009.. The adjusted loss that has been realized may be less or more - hard to say. If you have guts you play the risk. Q1 at least saw net income up. If Q2 would have even a slight positive to it, the stock would move. Everyone has left this one for dead even though it does still have a pulse....