I am actually LONG CPST, and Malanthus, until CPST announces how much they have made from the equity sale, they only have what is reported on their latest 10-Q as cash on hand. How do we know if anyone even bought it? Or how do we know if they did better than expected? Simple, we don't. And until IR announces how the equity sale went, saying anything other than what has been reported is simply a lie. He could have said 32 mil. + an expected 29 mil from the equity sale, but he did not.
-
I am actually LONG CPST, and Malanthus, until CPST announces how much they have made from the equity sale, they only have what is reported on their latest 10-Q as cash on hand. How do we know if anyone even bought it? Or how do we know if they did better than expected? Simple, we don't. And until IR announces how the equity sale went, saying anything other than what has been reported is simply a lie. He could have said 32 mil. + an expected 29 mil from the equity sale, but he did not.
Sep 29 13:49 pm
|Rating:
0
0
All Comments by Scott-ATA »Analysts See Value In CPST [View article]
Notice, the editor FIXED what I said was wrong.
Thanks.