Welcome to the Connacher Oil and Gas Hub on AGORACOM

Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

Free
Message: Re: Hostile Takeover

Jan 21, 2008 12:49PM
M14w49, not much of a chance of a hostile takeover since there are very few shares being held by any one given institution.----They would have to attract quite a few holders to have enough shares to outvote management and retailers combined.----Today's hit, right across the markets was overdone because of the large holders of margined stocks, and also the amount of stop losses involved.---Some put in stop losses, but don't back themselves up by putting a limit on how far down the ladder they're prepared to go before calling a halt to their sell.---Market sells are a killer for lightly traded stocks.---Not sure what to expect tomorrow with the US markets opening.---There might be selling due to margin calls tomorrow.---People and the markets didn't learn their lessons very well from what happened to the Stock Markets crashing back in the twenties.----Margins were the killer then and may be the killer this time.----Hope not!----CHEERS!!!
Share
New Message
Please login to post a reply