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Regulus60

12/10/10 4:19 PM

#39919 RE: Regulus60 #39917

Anyone think SAEI will take the offer?
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GoGamecocks

12/10/10 4:21 PM

#39929 RE: Regulus60 #39917

My guess is that there will be some profit taking once people realize that this thing is not going to sell in the next few weeks (if at all). SAEI has said there are a lot of offers, so I suspect that traders have seen a chance to make a quick short gain, flip it with the intention to pick up more shares after a little sell of next week.

I for one sold at .80 after picking up some at .19 with that intention. If I am wrong, well who cares, I made I nice profit this week.

GLTA
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Iluvbbs

12/10/10 5:00 PM

#40041 RE: Regulus60 #39917

Maybe by 5 cents during amature hour but I think on monday we close between 90 and 95 if not over a buck.

Again all in my opinion, Steve :-)