Urthecast Corp T.UR

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Quiet day out there

[nkbourbaki]

Electrofuel wrote: It's only partially baked in. It will pop somewhat on a Optisar financing confirmation announcement. It will likely pop even further when more confirmed news is announced an the SAR side of things. Don't forget, that Special Committee is hard at work as well.

Difficult to tell how much is baked in at this point. Certainly some.  But I think the effect is somewhat muted because of management's tendency over the years to under-deliver.  

I'm nervously awaiting news on the financing package.  These guys are fools if they don't make their own deadline.  But, given their track record, there is certainly some chance they won't.  And it's also possible that the various comments they've made in regards to financing were primarily to boost the equity price to allow for a PP or rights offering.  The comments do seem a little suspicious IMO. Fingers crossed they aren't playing a game. (*Very* short-sighted if they are.)

We should see some pop from any financing package that avoids large equity dilution.  If no news by mid next-week then I'd expect a good selloff.