The next day following the conference calls for the last three quarters, the share price has dropped. Why? The market has bet that Harold Hughes had a surprise to announce.
I predicted that Mr. Hughes would not disappoint at the last CC. I was wrong. The CC was a total waste of time.
Harold Hughes and Gang have shown no evidence that they have figured out how to have a meaningful conference call.
Again, I will go out on the limb and state that Harold Hughes will deliver. Not a new license. Not a settlement. Rather he and his team will communicate in a meaningful manner with the shareholders.
Click on graph to enlarge.
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