Old API Wind-down Ltd - Ordinary Shares ARLZQ

Tribute Results??

[Kisu]

So why was this earnings release of Pozen only and later Tribute not advertized from the start.  I was under the impression that the release was to be for the combined companies.  Nicely engineered buying op for those wishing to get into ARZ now that there is finally some volume on the TSX created by the implosion of the stock price.  Will TRX earnings improve the outlook??

[kuatolives]

I was wondering the same thing myself. You have to undesrstand that the vast majority of people in the world are complete morons. On the bright side, when they release Q1 numbers, WOW, look! They more than doubled their revenue! WOWeeeeee!!!

[bunser49]

I checked with 5i Research and they said TRX will be reporting but didn't have a date. They said the main issue for the price collapse was the combined forecast with revenue of between $48 mil. and $58 mil. range against expectations of $55 mil. They also sited that it is a basically unknown stock and is also suffering from the Valiant effect.. They would rate it as a hold. Anyone on board

[snootchybootchy]

I personally voted against the deal but in Mr. Harris' defence, there wasn't such strong market sentiment against spec pharma companies when he made the deal.  And the share price more than doubled shortly after the merger announcement.  I should have sold off some of my holdings then but that's on me, not Mr. Harris.

[kuatolives]

As much as I'd like to wave the I told you so flag - I never wanted the merger to go through but resigned myself that it would - it really doesn't help to blame Harris and Co anymore because what's in the past is in the past. But no, they wanted to cash out and couldn't have cared less about their shareholders.  There's an old investment saying "You can go broke being

[GoldenDilemma]

Yes, knee-jerk reactions and emotional sentiment will be the culprit for any investor. I am with you on this one - hold till the Yosprala party begings. I do believe 2016 may not be our year, but 2017 onwards for the gravy train.