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AKAPAK

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AKAPAK

Re: sunshinevibrations post# 647

Friday, 10/31/2008 5:42:53 PM

Friday, October 31, 2008 5:42:53 PM

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someone bought 19,659,438 shares at around $2.70. Roughly $53 million.

With a fixed ratio of .0392 to PNC, they could have gotten a discount to today's PNC price. This can translate into REALLY BIG savings on +19mil shares!

More so, they are probably thinking PNC will go much higher in the long run, especially since PNC got NCC at a steal, IMHO.
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