GREY:WFEMF - Post by User
Comment by
mercurysmithon Feb 13, 2013 12:32pm
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Post# 20982067
RE: RE: level ll this morning?
RE: RE: level ll this morning? Rapter7, good hearing from you again. Level II is interesting today. Now 89 Bid sand 29 Asks all within two cents of spot. All the pressure is now upward, yet one or two try to orchestrate capping it below the .30's. Something is cooking. With all this Bid pressure, I think soon enough the Ask cap will be blown. My guess is that Goodman has become more involved with IMC negotiations and good news is coming, but even Goodman likely doesn't want that good news coming out before he fills his boots with this most recent debt offering. His recent involvement has been a game changer, and brought back hope that financing will now be worked out soon. I think that is the logical explanation for all this current upward pressure. As a spectator, I am enjoying the show, especially since my retail amounts of shares are soaking it all up.