Ponder thisHere's something to debate while we're all waiting for SSS to get back on the horse.
What if.......(I think it was MarketMadness that said something about SSS having to rush the news release)
What do you think would have happened to the SP IF SSS reviewed the blind test results over the long weekend, knew darn well something was amiss, and DIDN'T make the announcement of the findings on Tuesday like they promised? There was no legal obligation to release the results THAT Tuesday, was there? Is there some legal stipulation regarding disclosure of test results - time wise?)
Would the SP have taken such a large hit? Let's say they ignored all the harassment that would have come from NOT releasing the results until the data could be checked more thoroughly in 2-3 weeks like they are doing now.
I'm wondering what might have transpired.
Possible scenarios:
1. Take a hit on the SP, lose a fair amount of trust due to speculation and rumor while they analyze the results.
2. Lose ALL credibility and trust if after the results were checked they came up with no conclusive evidence that something was wrong, release basically the same News Release and then SP plummets and they loose all chances at recovery.
3. SP takes hit (how much though) while they investigate why the anomaly occurred, find out it's root cause, finally make a news release 2-3 weeks late that explains the result anomaly and get back on track.
4. Do it like they did and take their lumps while putting the shareholders through the wringers.
Does anyone get what I'm trying to say?
Which would have been worse??