OTCPK:TOUBF - Post by User
Comment by
draxteron Sep 14, 2011 1:43am
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Post# 19039879
RE: RE: RE: RE: RE: RE: RE: RE: RE:whoa_rimcheese
RE: RE: RE: RE: RE: RE: RE: RE: RE:whoa_rimcheeseI think I see your point. If I understand you correctly, you're saying that Chandler bought over 100 million dollars in TRE stock as part of a grand strategy which includes buying massively before the cease trade order. He of course also knew that the stock would last trade at $1.38 (US) which meant taking a huge loss. Seems like a flawed strategy to me, but hey, what do I know, he is a billionaire so that means he is smarter than a mere mortal such as I.
Unless....we assume that Chandler's strategy is to make money but what if that's no longer the case and he is looking for new creative ways to lose money...yes, the pieces fit perfectly.
Drax.