Re: The SP
in response to
by
posted on
Feb 25, 2011 09:54AM
I would say more likely someone got nervous or needed some cash. Like I said, the low point is probably around 58 cents and it did not take long for buyers to come in and pick those shares up.
We will probably trade from 60 to 64 until whatever deal is announced. A solid move up or down from this trading range could mean something has changed in the deal. So I am keeping a close eye on the price and volume but so far, all indications is that this deal will go down as we guess.
Glorieux