GREY:STACF - Post by User
Comment by
JoeBloon Jan 04, 2007 2:04pm
234 Views
Post# 11956399
RE: Cannot believe National(80)
RE: Cannot believe National(80)If this is the case - crossover - then the sooner everyone's bids get cleared, the sooner it will go through. If anyone has lots of cash and you want to make those folks really pay for it, put in a big bid at 80. They will have to take you out - at a loss of their own stock - in order to complete the crossover. This will make it more costly for them to do so, and will reduce their holdings, while also increasing the amount of bargain basement stock held by investers.