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Re: davidam post# 56658

Saturday, 08/04/2007 8:11:41 AM

Saturday, August 04, 2007 8:11:41 AM

Post# of 82114
Without going into details, here is the actual situation with GBDX O/S.

700-800M shares in the market.

200-300M Shares bought buy ALMAZ

500M CONTROL BLOCK

In my view, ALMAZ need 100-150M shares before giving a tender offer for the rest.

Will not be suprise to see ALMAZ buying 30M shares/day during the last week of August.

IMHO

P.S: SHORTS NEED TO COVER BEFORE, WATCH OUT

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y