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As far as stock promotions go it was

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Big Brother Member Level  Friday, 02/24/17 11:18:41 AM
Re: None
Post # of 208 
As far as stock promotions go it was actually quite good, the pps isn't that far off from the high of $2, so it wasn't a true p&d type scenario, the share price has actually held up very well.

It's just the timing that was incredibly stupid, pre-merger should be a quiet period, not a promoting period, thats why I didn't believe that was what was happening.....even though the trading activity, with the extreme volatility and incessant flipping was what you'd typically see in a promotion.

Who executed the promo is the bigger question, Alfiler and/or the Irish had the most to gain BUT they could have lost the merger as well, so there was a lot to lose. Maybe a 3rd party executed it, without the companies knowledge, seems more likely.


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