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Alias Born | 01/21/2005 |
Monday, March 27, 2006 8:49:48 PM
I'm still curious what they actually had to put in print about BWNG.
And, what's your take on the S-3ASR filed today? I've been thinking BWNG would start to move sideways around $12-$13 since last Fall but that was just based on speculation of old behavior/s. Folks that bought prior to the R/S and simply wanting to get whole again. Any and all new behavior can take on a life of it's own though. Then again, flipping $10 into $14.60 in a couple of weeks seems old-school behavior to me? Especailly when talking 7.4mil shares with the big-boys. And, it looks like there maybe another shoe to drop (flip) out there in waiting? I think the last private placement was for 3mil shares at $12? $12 to $14.61 times 3mil in a couple of weeks ain't bad either?
Not trying to be negative. I was simply caught by surprise by the resell announcement today.
GLTY
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