TAP1963, I believe the selling pressure will cease once the "form-T" trades are finished. That could happen Monday, Tuesday, or soon thereafter. We won't know for sure until we see review the Time & Sales after each day's market close.
IMO, the "form-T" trades will cease very soon. And when that happens, the share price could rebound very quickly on light volume.
Who knows what will happen with the PPS. This is a pinkie and a big gamble as you are well aware. The only thing I feel fairly confident about is Laidlaw's chances of success in Berlin. Locally there are a large number of politicians pushing for the project and the State will want to help the North Country with any projects that mean added jobs. I think Laidlaw will eventually succeed in Berlin but it will be a few years before Berlin is generating any revenue for the company. And, the corporate structure of the Berlin plant is hard to determine & it makes me wonder how much of the Berlin revenue will go back to Barty & LLEG. Furthermore, my understanding of Biomass plants is they are not huge money makers (I guess it will depend upon the PPA with PSNH that we haven't seen yet). We'll see! Only time will tell.
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