OTCPK:PDPYF - Post by User
Comment by
Katheryn1on Sep 30, 2013 11:45am
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RE:Speculation
RE:SpeculationHi Roscoe,
I'm not sure I agree with increased trading activity as a sign of a takeover. I was involved in the Progress and Viterra takeover and both stocks had stalled, they were doing nothing for a long time and then finally the takeover news which was a relief. Although I was also involved in the Ainsworth takeover and before the news there was quite a sell off then it climbed back up a little- but that stock had higher volume trading compared to Progress or Viterra. I'm not sure by trading activity you mean volatility or an increase in stock value?
I think generally in this stock market you can just never tell what might happen, it's very unpredictable.