Indeed it is a bright day for longs. A simple strategy of buying the shares of swing traders as good news comes out will prove a profitable route to long term ownership. Buy into the rally. Start small on the long side and nibble your way up. It works!!!
What are you smoking? This is no more than the traditional pre-quarter-end run-up. Take a look at the last few quarter-ends big-guy. I think some people still believe that there might be some positive news to come out of the quarter-end results but let's face it, the company is just dying a slow, painful death. For starters, they are laying off all Canadian shared-services in Q1-2010, they've already been given notice and that means there is no one left to run the business side of the business. This company doesn't have a pot to piss in. There has been no news out of the PA DOI. This company is constantly throwing good money after bad to try to fight battles it simply can't win. What is it that you expect to be better in 2010?
Remember when they said they were going to transfer all of their business to Jevco and then later announced that they are "selling" Jevco? Um, that's code for "we've moved any remaining assets to a sub and now we're going to play a shell game to remove the sub from the sinking ship". This is the same exact move they made with Avalon. Does anyone remember that the Avalon sale announcement was no more than a single sentence in another press release? There was no fanfare, there was no ticker-tape parade. Avalon was sold to its management team for the sole purpose of protecting it from the Kingsway [sinking] battleship. This is the same thing that will happen to Jevco. Then the company will have nothing left and will go private before it goes belly-up. Bet me.