RE:RE:Bad news coming Only a true bag holder would come up with this story.
If it was just the audit issue I can live with that.
It is the fact that this audit issue exists in a major cloud of bizarre actions with the CEO and CFO abruptly fired. And now they are turfing Directors and replacing with new ones. And then found a banker after 90 days after the call to announce the ITS focus. It was an abrupt decision given the length to hire a banker.
Something happened.
The announcement today may not be a reason for some people to sell. But it sure in heck ain't a reason to buy. I see no reason to be buying ahead of the earnings call until this cloud of uncertainty is lifted.