GREY:MMIPF - Post by User
Comment by
etwhiteon Mar 30, 2005 12:40pm
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Post# 8831935
RE: Timing on release
RE: Timing on releaseI agree with you that the price is being affected by "no release" when it was expected, however the daily price is really irrelevant.
We all prefer stock prices going up and there is always that feeling in the gut when it goes down but that is simply an emotional reaction.
There is no indication that this downturn on low volume is a problem. I disagree with you that these little blips that cause the stock to go down (because people are jumpy because a news release is "late")hurt the shareholders. My stock being down .30 today is nothing if it is up $3.00 tomorrow (unless I'm foolish enough to sell today).
I think "early next week" in a holiday week should have some leeway. Stuff happens too.
etwhite