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Any chances for audit to come out this week? - Printable Version

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Any chances for audit to come out this week? - Evan01111 - 05-28-2014

I'm starting to get worried that the audit won't come out "in a few days/soon" as Matthison said. Something tells me that this could take a few more weeks if not months. I still think we have not reached a local bottom yet, but let's cross our fingers.




RE: Any chances for audit to come out this week? - avunculus - 05-28-2014

no 13G(a) have been filed since the disastrous drop on May 15 . the institutions seem to be holding on to their shares too.


RE: Any chances for audit to come out this week? - Banco_Central_de_Costa_Rica - 05-28-2014

'Evan01111' pid='43818' datel Wrote:

I'm starting to get worried that the audit won't come out "in a few days/soon" as Matthison said. Something tells me that this could take a few more weeks if not months. I still think we have not reached a local bottom yet, but let's cross our fingers.

my guess is PWC is not going to sign off on anything w/out Deloitte givng NQ a clean bill of health...




RE: Any chances for audit to come out this week? - admin - 05-28-2014

'Evan01111' pid='43818' datel Wrote:

I'm starting to get worried that the audit won't come out "in a few days/soon" as Matthison said. Something tells me that this could take a few more weeks if not months. I still think we have not reached a local bottom yet, but let's cross our fingers.

If you're really worried about that then why are you long?




RE: Any chances for audit to come out this week? - Evan01111 - 05-28-2014

'admin' pid='43828' datel Wrote:

If you're really worried about that then why are you long?

Bought in around 6 weeks ago at $16 pre-'13 Q4 earnings expecting a rally. Then well 4/30 and 5/15 happened, so down about 50%. At this point, I'm willing to wait until any news even bad comes out. If the liquidation value is a few bucks, ($4-$5 or something like that), then $6-7 is the lowest this will go for the time. In any case, too much unexpected damage at this point & don't want to sell when any moment (if that ever happens) the 20-F can come out.




RE: Any chances for audit to come out this week? - js253 - 05-28-2014

No one knows when 20F will be filed. Anyone saying otherwise is lying.

If you believe(do your own research) the company is legit, hold. If not, sell.