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Re: Two day ECU profile
posted on
Mar 12, 2009 08:48AM
Just wondering on today's downward pressure...
Perhaps that's an after effect of the new shares and warrants being released for trading yesterday.
Some investors buy a new issue of share/warrant units just to get the warrants, and will then dump the shares on the market.
And possibly some investors are dumping ECU shares to switch into the warrants.
That may not be the case, but I thought I would raise it as a possible explanation, or partial explanation.
