iBankCoin
Joined Nov 11, 2007
31,930 Blog Posts

LISTEN: Sotheby’s Q4, 2011 Conference Call

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4 comments

  1. bpguns

    BID getting clown raped after hours – the buying opportunity you’ve been waiting for?

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    • The Fly

      yep

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      • Blind Read Ant

        Senor Fly, thank you for sharing. In your experience, are calls from such investors fairly analogous to appellate argument? Meaning, are larger sized investors, or their agents (referring to callers), looking to clarify statements prospectively or as a potential buy (both – with general impressions already presumptive)? Thanks if and when you find the time.

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        • Blind Read Ant

          Please disregard, it’s all about Ibc_Fn:

          “Columbia law school professor John Coffee said that the SEC may be simply showing “an excessive level of suspiciousness.”
          “I think Rosenfeld is saying that we are nervous about what companies are telling analysts when analysts make calls directly to the company after earnings calls,” Coffee said. “But it’s unrealistic to say that stuff is surprising because of the obvious need to get more information and clarification.”

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