RE:No news is better than bad news StairwayTo wrote: but both of them push the SP down
1- No news means also no good news, which is what the market wants to see.
2- Bad news, well, that woudln't published, like Client A saying "well you know what, that's a great thing you got here for us, but it just won't cut it. Or B not accepting the quote.Or that there are no more C in the picture, and haven't heard from D, E, F ... in a while
And many other things, maybe A is happy, but will run this one for 6 months, see how it goes, can you change this and that and we will test it again for another 6 months.
What the market (TSX now) wants to see, is a subtential order/contract/lease, and soon, based on expectation. Market in general is not like you and me who wants to 2x, 5x in a flash.
When they make 10% a year they're happy, but needs evidence.
Hoping Peter's early xmas wraping present was more than 1 torch,