Actual investors, do not be suckered by the shorts
Post# of 72440
Is it possible that there will be some new information released before the shareholders' meeting?
Sure, there is always that possibility. It's also possible the space aliens could land at Area 51 and announce that it's the new capital of the world.
The shorts and bashers are SETTING UP THE FALSE EXPECTATION that there will be news. The company has NEVER said that there will be news. In fact, quite the contrary, someone claims to have received an email from the CEO stating that it would be a very short meeting, aimed at doing the vote that the meeting was called for.
WHY would the shorts set up this FALSE EXPECTATION?
Because if they get suckers to believe them, they win either way.
They are trying to pressure the CEO into revealing TRADE SECRETS.
Who gives away all the information about their bargaining position while they are negotiating with another entity? No one. But the shorts are trying to get shareholders to pressure the CEO (via emails etc) into putting out some kind of news, which will either help the other side in any negotiations, or which will be used by the shorts to whack the stock. I can see it now: "Oh look there's another press release about something insignificant (the press release we've been screaming for) so this means there's no real news...." -- we've all seen that one many times. They use a press release as an excuse to take down the stock.
And, if they don't succeed in getting the company to release information, then what they say is this:
"There's no news, there should have been news, that means everything has gone wrong for the company, sell sell sell sell selll..."
GET IT?
Don't fall for their lies.
Don't expect there to be any news -- because the company DID NOT PROMISE NEWS. They said the meeting was for a shareholder vote, as required by law.
And if there is news? Great. The company has often given us news when we've least expected it, and sometimes when we DID expect it.
But don't fall for the lies.
In my opinion this shareholder meeting is more likely to be a non-event than anything important. But I could be wrong, as I cheerfully acknowledge --
unlike the bashers who always claim to know something the rest of us don't.