We should have some news in the next 90 days. Look for 4th quarter results to be released around the middle of next month, then first Q results released during the first week in Feb. Between those releases we could see news that LSR is now up and running and a final disposition on Wholesome. It will indeed be a very, busy news period for IPSU. Shareholders will just have to exercise great patience in the meantime as they wait for these developments to occur. The good news is, there is a nice probablity that most of the negative news the company has been recentlydishing out, is now in the rearview mirror and more than priced into the share price.Any positives will surely have a beneficial impact to this very oversold equity.
At this point, I might disagree, even though I'd be a buyer if it happened. 4.64 per share might happen after the earnings announcement if things go ugly but before, I think the stock would stay above 5 unless the market tanked in one day 1000 points. FWIW
Thanks Congoleum, Accordion and the rest of the bulls on the board aren't real sharp on rustling up facts like you did, they prefer to just wing it and guess. If Hal has the stones to put it out there early it will be a shocker. I'm still calling for a NT 10-K on the 15th which could still produce another drop off the cliff before Dec. opex.
It would be sweet to see them announce the day before expiration say Thursday morning. Anything positive would absolutely crush the shorts by squeezing the options traders to cover their December contracts.