So whats going to happen here? Once the report comes out the market will just blink and say "oh this is cheap" ????
Maybe, i have seen scenarios like that before with earnings stories, but not that often..
A new contract would release the deadlocks for sure, however it's already somewhat cheap without new contracts...
Again i say, just from experience... At current levels this is either the bargain of the year (a gimmie) or it's the con of the year.
I'm still leaning towards the former and put this down to the stock not being widely followed. However i'm sure holders would like some upwards movement in the short term in the LEAD UP to the earnings report.
You'd have to assume if the earnings report is fantastic that insiders will be all over in the lead up.
sorry to be slightly cynical, but that comes with experience in the market lol.
ETC Price at posting:
37.0¢ Sentiment: None Disclosure: Not Held