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Re: None

Monday, 07/10/2006 12:10:26 PM

Monday, July 10, 2006 12:10:26 PM

Post# of 432931
The last time we got blind sided by some innocuous report(Ford Research), shortly thereafter positive news was issued (Nok settlement), and we shot back up. Hopefully, the same will happen again, but what bothers me is how drastic the down movement is and on huge volume. Without news to substantiate this kind of movement, it seems like a concerted effort to drive the price down before good news hits. The question is by whom-hedge funds that thrive on volatility or maybe a suitor about to make an offer? As usual, we are the last to know what is going on, but if anyone here can offer up any explanation as to the timing of this drop, without blaming it on insider trading and/or PJ downgrade, please let us know.
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  • 6M
  • 1Y
  • 5Y
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