RE:Newstar bidding closed yesterdayI believe they are buying something. Its been quite some time since the latest NR and we are several weeks from the 3rd quarter results so I can't see we'd be in blackout from that. Stock has been falling and in the past Paul Colborne and others would step up with solid buying if the stock price weakened at all. It leads me to believe they are in blackout related to an aquisition of some sort.
I know its not a sexy company but I wonder who will snap up Spyglass resources. Colborne likes to buy value and isn't afraid of a company that's been through the ringer as we witnessed with the Longview aquisition. Spyglass was actually up today so I think someone is interested. Of all the days for it to rise I wouldn't pick today.