News Release strategy I'd be interested on opinions with respect to the timing of SCG news releases. I believe that management has a close eye on the markets and our stock price. Whenever there is heavy selling pressure they come thru for us and issue a news release, even if it's not market shattering. If there is less pressure on our stock price they seem to allow more time to pass between news releases.
I believe this because I think that as long as the stock price is holding around 20 cents they will not be in a hurry to release more details about the City of Toronto contract. We're all hoping the markets begin to stabilize and strengthen. I'm sure all would rather have their great news cause a major boost in the share price rather than a quick pop and then a drop due to the poor market conditions at this time.