Since Jun 25 when the deal with Gaydamak was announced volume has gone up by 550%(a daily average of 62,000 shares vs 11,000 previous 17 days).Also similar story on Tel Aviv exchange.Lots more players with lots more to come.Expect more swings-but direction is definitly up.Expect revs for '07 70-75 mil, earnings .55-.60.For '08 revs 105-110 mil,earnings .80-.90.That's without any major acquisitions!! Double digits by mid Aug.
Revs for first half year should be 32-34.With two new acquistions now almost fully intergrated 2nd half year should be in the 34-36 range.If cheese deal kicks in the 4th quarter(hopefully)could top 70!Hoping we get a bounce back to the 8's.
You would think with this deal in the works ppl would hang onto their shares but someone is selling to get that volume up. I could see some selling when the price hit $9 expecting it to retrace a bit but not enough selling to drop it like it did. I can't complain. The market threw a great sale so I picked up some more shares. Just can't help wonder who the idiot was that sold them to me at that low, low price. Good luck longs. Shorts, I think your day is over.