InvestorsHub Logo
Followers 0
Posts 8160
Boards Moderated 0
Alias Born 06/25/2007

Re: None

Saturday, 01/26/2008 1:23:00 PM

Saturday, January 26, 2008 1:23:00 PM

Post# of 59
Very suprized at Fridays action.
How many companies reach a deal like this for 1 billion in a day.
In early to mid Jan. they had nothing on the table and hoping to see 400 million and it traded at 1.88 to 2.00.

I think we seen a fake out by the mm's to re group and next week this stock will show its true strength.
$1.50 should have been instant with this deal.

All day Friday you could see mm's at work on the ask with fake sell orders increasing to build a wall to walk it down to collect cheap shares for the real run starting Monday.



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.