If we hit EPS and we have stronger revenue numbers its off to the races as long as the market holds up. Its way overdue for a correction!!!
"Offering represented 40 pct of company's outstanding shares as of July 25" That's what I call dilution. If this company really knew this to be a good deal....It would be up today even with the dilution.
They may not want this headache anymore and get out. Is there a better time to do it then earnings day?
Bump the price up and then he bails. Why?...He will find a reason. That's my guess.
BP missed 2 cents on EPS, beat on Revenue a bit. Down a $1 pre-market. Will it tumble more or is it done? Actually we are down quite a bit overall. The big boys knew they were going to miss last week!!!