GREY:HPXRF - Post by User
Comment by
investoil9on Dec 17, 2014 12:36pm
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Post# 23240488
RE:RE:Weak hands
RE:RE:Weak handshappens all the time; stock rarely ever trades to its take out price. People just don't stick around for an extra cent or 2 especially if there is a chance of not closing. Low of $0.065 and trades $0.13 on announcement with a $0.14 (potential) close. If you're sticking around for an extra penny in this market with a junior who trades down to that level while oil was $90 and $24 MM of debt, you better hope you get your penny because I have an update; oil is now $55!!