Rambus intends to file its delinquent quarterly and annual reports as soon as practicable following the completion of its restatement. There can be no assurance that the Nasdaq Board review will be favorable to the Company ================================================== What the fuck is as soon as practicable is. This is becoming to be asinine, fagot, stupid, ignorance, moron illegal, unlawful, demeaning, son of bitch. I am tired to stay that long in teh house of pain and I can not sell and take all these loses.
It means RMBS has given some information satisfactory to the NASD Board. Looks like they are reviewing the information and the SEC concerns will be resolved shortly. Then they will release all the unreported earnings.
Why or how could anyone think that anything was going to happen now to RMBS after the length of time which has elapsed since this whole escapade started? The up and dn of the price has to be day traders betting on which day is the day of their report and then when it's not, exiting pronto to try another day, hence the low volume. Everyone is waiting, waiting, waiting, waiting, waiting... Monday, Tuesday, Wednesday, Thursday, Friday, January, February, March, April, May, June, July...2006, 2007... well you get the idea!
But I do sense this is a slightly good event. They could have delisted and that would hurt the PPS. It also seems to me, the exchange bends its own rules to keep it trading there, they are libel from here forward. My opinion only... If investors get hurt, they are libel.