Re: You Don't Have to be Murray Pezim to get this One
posted on
Oct 20, 2009 08:36PM
The reason the share price is down today is because informed people who knew about the news coming out today pushed the price yesterday. Now today the large debenture holders like Credit Suisse were able to unload large amounts of their converted shares without affecting the share price as bad as if the news hadn't been released. Without the full meal deal in depth you can't see all the iceberg orders that arn't seen by average joe trader. IMHO