If the weather forecasters informed our farmers they could expect a wet 2011, only to see the rain starting to fall by mid sept. Would the forecasting be worthwhile? Would farmers have confidence in future forecasts when sowing their crops in following years?
We may see all that PYC has forecast for 2011 materialize in the coming months, but has the guidance they released been of benefit to the company, the shareholders and the investment community that is aware of PYC?
IMO hindsight tells us this guidance should have at least been delayed 6mths. Or had more clarity eg give expectations of a further 3 deals most likely in the later months of 2011.
Any other tweeks you'd like to add? ST
PYC Price at posting:
5.5¢ Sentiment: None Disclosure: Held
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