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Re: bladerunner1717 post# 80306

Wednesday, 07/01/2009 5:44:25 PM

Wednesday, July 01, 2009 5:44:25 PM

Post# of 252581
Re: SPPI private placement investor logic

It is also quite reasonable to suspect that they were simply flipping the 3M shares (or as many as they could) and pocketing the warrents.

Anyway,I am back in with a few shares (after selling my other half yesterday PM). If the PPS doesn't jump too fast tommorow I might just ride until news. Still will sell immediately after good news (and buy soon after bad news).

I know you don't like the concept, but you might think about selling after the news and buying back in a day/week or so [unless tax issues rule this out].

BTW, wallstarb if you are around. Are you not net long now? You never stated precise numbers, but it seamed like you were fairly alpha neutral, then covered some shorts?

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