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fibinacci

05/03/07 12:44 AM

#244981 RE: Mar-Key #244979

Huh? I was speaking of a drop from 4 to 3.. that's a 25% drop. But yes, 5 to 4 is only 20%.. GGI only gets 18% on the conversion, so it's still a hot plate they want to get off of.
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fibinacci

05/03/07 12:46 AM

#244982 RE: Mar-Key #244979

Oh, and I agree the MMs and day traders and avg joe investor is influencing the price. However, the MMs aren't dumb either and they too must realize GGI can't keep dumping at these levels.