12-09-2013, 10:41 PM
'harry2013' pid='33629' datel Wrote:
'kevinh' pid='33277' datel Wrote:So where exactly is this Toro update? Their DD was completed on Nov 26th...
From Toro email:
..........
We have not found anything of concern in our DD.
If we sold, we would need to report our sale per SEC disclosure rules, since we hold a 5%+ position. We have not sold, so we have not reported anything.
We don't know what precipitated the move on Friday, and it's impossible to tell at this point. As longer-term guys, we don't care too much about it.
We have not put anything out because we did not think the timing was good, and we do not want our message diluted by half a dozen coordinated short sellers on SA.
Thanks Harry. Nice one.

