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L&L Energy, Inc. LLEN

"L & L Energy Inc is currently engaged in the business of coal mining, coal consolidation, and wholesaling in the People's Republic of China and its operations are conducted in the coal-rich Yunnan Province in Southwest China."


OTCPK:LLEN - Post by User

Post by Cool_Sciroccoon Dec 11, 2012 2:58pm
91 Views
Post# 20714772

Two mistakes caused this down day?

Two mistakes caused this down day?

Though we could see a rise into the close, IMO, the reason LLEN is not attracting more interest today is because the company made two mistakes with the very good earnings release and the CC:

1) Issued the PR yesterday after the close instead of this morning

2) Held the CC at noon, EST.

They are too small (and unknown) to stay in people's minds overnight, other than existing investors and shorters, and waiting for roughly 19 hours after filing to talk about the future is just too long.

If you are going to hold a CC two-and-a-half hours after the open, then file the 10-Q and issue the PR at 6:30AM EST on the same day as the CC. Issuing the PR in the AM would also probably cause the folks at In Play to issue one of their little blurbs that would go to another large group of potential new investors, and since those "go away" after a few hours, would still have been active at the time of the CC.

At the very least, they should have issued another PR this AM reminding folks of the CC.

As it is, it's likely that only current investors and shorters listened to the CC.

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