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Re: ogopogo007 post# 1261

Wednesday, 08/28/2013 11:28:52 PM

Wednesday, August 28, 2013 11:28:52 PM

Post# of 5825
There weren't any rallies in SP before Wingat or Murombe PR's.

Wingat announcement on Monday, May 20th.

Price at close on May 10th in São Paulo: R$4.60. It did not trade as high the following week and ended at R$3.28 on May 20th before the results were released that evening.

For Murombe, the closing price on July 11th was R$2.55. It hit R$2.65 on the 12th, but not again during the following week and closed at R$2.02 on Friday, the 19th, ahead of that day's PR.

I would not call those rallies ... unless you are a shorty.

[Information taken from Yahoo! Finance.]

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