GREY:PGDIF - Post by User
Post by
justanormalguyon Sep 05, 2014 10:39am
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Post# 22909522
Hmmm.....
Hmmm.....Where the h?ll are all these buyers coming from? Where were they yesterday?
IMO.
Albeit we are only an hour into this, here are my thoughts.
I understand the sell side. As expected the volume for sells will not be there driving up the price of rights and SP. The market seems to be trending to a tiny bit less irrational and putting a slight premium on the enterprise value and even putting a premium on the warrants on the ask side of the rights. I think most of the sells are the day traders who saw potential and hence making a few cents on a quick investment. This will be volatile until more news comes out. All good.