OTCQX:MRVFF - Post by User
Comment by
cjdavid1on Feb 10, 2010 9:54am
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Post# 16770454
RE: Directors not buying more
RE: Directors not buying moreFrightening rhetoric, indeed. Longs should be scared. When will Covidien post revenue numbers to NRI? Late 2010? Until then, imho, the only way to see price appreciation is by a reverse split (may I have some more dilution please?). This remains a dark horse until full year revenues are established (early 2012?)The stage is set for a consolidation. I have seen it before. Can NRI pull a rabbit out of a hat? Doubtful. Their pipeline is in very early stages. The major shorts have the longs' cajones in a vice. Looking forward, there is nothing that NRI mgmt. can do, until they hear from Covidien, except improve their golf handicaps. If you take NRI off your screen and come back late 2010, expect alot fewer shares in your account.
Caveat Emptor.
CJ