Well we have gone past the most likely time for "ANY" Bad News to have been announced By Torotrak...IE...(BEFORE) The New CEO : Dick Elsy takes over on Thursday 2nd January...and we have had "NONE".
IF...There was "ANY" Kind of Bad News lurking around...Any Skeletons in the cupboard etc...Torotrak would have made Sure that (ANY) News of this type would have been released and out in the open...BEFORE Dick Elsy gets his feet under the table...enabling him to start with a reasonably clean slate.
With this in mind it could be that Torotrak will (NOW) be on the up and up for the foreseeable future..Because as there has been..No-Bad News released..This will be seen as...GOOD NEWS...With any chance of bad news being released in the near future seen as...Highly Unlikely.
We could see the Market Makers (Mark up) the Torotrak share price...Early on Thursday Morning...NOW that it is clear that the MOST LIKELY period of time for announcing any Bad News items has now passed.
It could be that the Torotrak share price has been Marked down by the Market Makers for the Past few weeks (in part)due to the "possibility" of a bad news RNS being released...Before Dick Elsy arrived.
The next thing we need is a Positive Forward Looking Statement from Dick Elsy...to Renew confidence and give a Strong direction for the company.
There still remains the (possibility) albeit a fairly small one That there may be items of Good News that (could) have been on kept on HOLD awaiting the Arrival of Dick Elsy...before being released...such as News of the Tractor project going ahead...or an update from a licensee...Aisin etc.
If we were to get something of this nature these would be an added BONUS.
Speedway Motorsports stock quotes
Speedway Motorsports stock charts
Follow this thread
