Lacey all but telegraphed that Q2 would be a turn-around quarter for RGSE. We should temper our expectations and not expect a net profit for the quarter but given his credible background and the sequence of events that unfolded in the past weeks, investors may regret not investing in this opportunity at these rock-bottom prices. Perhaps we can now understand why WestPark Capital has stopped shorting the stock, why Director David Belluck has chosen to convert all of his debt to equity, and why the stock has been undergoing sustained accumulation over the past 2 weeks.
The report was always expected during the 2nd week of August. Last year was delayed by one week due to the firing of the CEO and promotion of Dennis Lacey. However, if there is anything to read into - I'd say it's a positive that the report is on a Monday - right at the start of the week - rather than a Thursday or Friday.
Hi there jtrsteel... you know your stuff on NSPH. StoryTrading is currently vetting this stock with other story traders and we'd love to get your view on it. You can also post articles for free on StoryTrading. We may be publishing initiation of NSPH as early as tomorrow morning especially if it closes at or above $3.70 today.
I purchased some last week in the 3.80s after-hours on news and added more today at 3.70. Would love to have you as part of our community and help us get the word out on NSPH. Our most recent stock initiation, RGSE, is up 50% in just one week!