Justhalfful - Need to preannounce results Still waiting for any Justhalful reply following my observation that Aritzia did not preannounce its recent quarterly numbers and its shares were up 18% following its earnings release.
Recall this exchange began after the Justhalfful post that he would sell some QTRH shares if there was no press release re Q2 results, based on his conclusion that no preannouncement press release meant the recent Motorola license was not material.
I then offered a no insults type of heads up stating that the disclosure rules did not necessarily work that way, especially in light of QTRH prior disclosures re expectations for 2nd half of 2021, and also that QTRH did not preannounce 2020Q4 when the Wilan revenues were under 500k, well below the average Wilan quarterly revenues for the last 3 years. So, Motorola could turn out to be material, even if there is no preannouncement.
Justhalful last wrote :
"You failed to include one sentence that I iincludedl, "so try to comprehend". Obviously beyond your feeble mind. I was not quoting the regulation.
But if you think that a company can have a quarter of earnings 4 or 5 times their normal earnings, yet not disclose the fact in a timely manner, then I guess you will have to live with that erroneous belief. Quarterhill has an established record of doing just such a thing....."